Boeing Investor Gabelli Funds Urges Patience as Crisis Grows

The video discusses Boeing's stock position, highlighting its current underweight status compared to past overweight periods. It examines the impact of global economic trends on Boeing's performance and the implications of the Ethiopian crash, including software issues and pilot training. The discussion emphasizes patience in investment decisions, considering the ongoing investigation and potential software changes.

What is the current investment position on Boeing compared to the index?

• Overweight

• Equal weight

• No position

• Underweight

Why is patience recommended in making investment decisions regarding Boeing?

• Because global economic growth numbers are declining

• Due to immediate need for investment

• Due to rising global economic growth

• Because of stable stock prices

What is a key factor in the recent Boeing crash in Ethiopia?

• Engine failure

• Pilot error

• Software issues

• Weather conditions

What system must pilots disengage to manually control the aircraft?

• Nose-down software

• Navigation system

• Altitude control

• Autopilot

What is the general outlook on Boeing's future despite recent issues?

• Boeing will discontinue its operations

• Confidence remains in Boeing's ability to manage issues

• Boeing will likely face a major downturn

• The company is expected to fail