A long time ago, Berl Brechner, a fellow aviation scribbler, and I pooled our meager funds to buy an airplane. It was a leap of faith since at that point we didn’t know each other well, and our respective piloting abilities along with our financial track records were presumed. And who could say into what kind of fiscal black hole N8364M—a used VFR Cessna 150  Aerobat—might lead us. Thankfully, when the joint ownership ended years later because of new jobs for ...

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