NET JETS PARENT CO. BERKSHIRE HATHAWAY LOSES 7 *BILLION* TODAY ALONE? per ABC NEWS

[Voice Of Reason]

Weren't you still owned by Warren Buffet when you had embarrassingly low wages?[/i] It all cycles, and today's gloating peacocks may surely find themselves tomorrow's dodobirds.
Think about it, and understand how trashy you sound gloating about your nouveau "riches" while the owners (and other pilots for that matter) laugh about how little it takes to make the little people feel important.
Nice discussion ability....everyone must just be "jealous." :nuts:

Wal-Mart is a multi-billion dollar corporation as well....Uncle Warren's outfit could easily determine that the old way was the right way. There are all kinds of sneaky ways to work around a "contract," as the airlines have shown.

 

[bailey3083]

I have heard that Warren is impressed with what Johnny O has done over at Mesa and is thinking about offering him the job. LOL

 

[BeechScrub]

I guess now the stock is on sale, or at least fairly valued. Perhaps it's time to buy? Where did I put my extra $135K?

 

[Jack Mehoff]

no. Pilot raises are bankrupting the company.

don't forget our signing bonuses too! haha I guess we all better apply to jetblue now that berk is falling

 

[popgoesbubble]

Wal-Mart is a multi-billion dollar corporation as well....Uncle Warren's outfit could easily determine that the old way was the right way. There are all kinds of sneaky ways to work around a "contract," as the airlines have shown.

Yeah Like that's gonna Happen "Voice Full Of Semen" You obviously don't Know anything about the Pilot group here and IBT. So Just curious are you a pilot or just some management type with his hand in his pant that got screwed while at a Major?

 

[T-1GUY]

Was I suppose to be issued a peacock feather??? Damn, I miss all the good freebies...

 

[B +]

Thanks Ski...
Has it ever been discussed who will take the reins when Buffett is no longer around? It's scary to think that one idiot could have the potential to take a good thing and run it under after he is gone. How much say has/will Buffett have in his successor? Who makes the ultimate decision?
I've seen so many companies (time and time again as the industry cycles) that have seemed like "lifer" places (even with "infallible" backing) only to be taken down a completely different road by one greedy idiot who thinks he can cut corners and make it even more profitable, then the employeees subsequently pay the price. I know Buffett must have his favorites to take the reins, but where does the decision ultimately lie? I think it is a valid concern for anyone looking at the full spectrum of career possibilities...

Berkshire owns NetJets but Berkshire does not run NetJets. Berkshire buys well run businesses and retains current management. They certainly monitor closely but are hands off on managing their companies.
Berkshire actually has only a small office with a few dozen employees at most.
How often does a company drop 5% in one day from a negative Barron's article. The list would be extremely long and likely include most every big name quality stock.