The mob that started that Australia Air had big goals, but when I heard there was going to be another entrant in the airline industry, I thought that was also a bit ambitious.
Airlines are another industry where the early players made a lot of cash in the glory days, yet you still have people trying to catch a ride on the success of days gone by.
Another stupid decision comes to mind, Telstra when they thought it was a good idea to blow a few hundred mil on the Trading Post. Had they not heard of Ebay? Maybe these people are living in the past. These things are proof that even large organisations can make stupid decisions about investing. If they can do that, then so can Emma.
