Berkshire 1st quarter

[OPECJet]

Not sure that reality is on his mind. Likely thinks all the 495 will take recall if offered so no problem.

What's the 495?


I doubt we're on his radar aside from an upcoming cost he'd like to minimize.

 

[billybob]

The 495 is the amount of times we will take it in the pooper. We are still in the low 200s. Almost 1/2 way!!!

 

[CALRepublic]

Uncle Warren is giving an extensive interview this morning on CNBC Real Time sitting in a hangar in front of two NJ planes (a Global and Excel). He has not mentioned NJ so far, though.

Berkshire has $427 billion in total assets, $267 billion market cap (5th largest company in the world), we are 1.5% of his empire, I doubt we're worth mentioning half the time

 

[gutshotdraw]

Berkshire has $427 billion in total assets, $267 billion market cap (5th largest company in the world), we are 1.5% of his empire, I doubt we're worth mentioning half the time

And yet, every time he is on CBNC, he ends up talking about us or, as in this case, the airplanes are doing the talking behind him.

Financially, NetJets is a tiny part of the empire. But the company has ALWAYS been a huge part of Berkshire's public persona since Uncle Warren bought the outfit. Let's face it. Insurance and underwear are a little boring. Airplanes offer a little excitement and a little swagger to the stockholders and the general public.

That is why, when it gets down to brass tacks, I believe Mr. B won't allow a contract fight to drag on very long and risk damaging the cache' of the brand any more than Sokol already did.

 

[BentOver]

I think another part of the reason it always seems NJA is "highlighted" every year at the BHK fest is that besides a/c (especially corporate jets) being much sexier than See's Candies and Fruit of the Looms, the purchasing habits of anyone who could possibly afford a share says alot as to how the economy is doing. And what the uber rich are spending $$ on...

Any Average Joe can buy a box of chocolates and replace their ripped undies. Very very few can purchase a share.

He could sell or rid himself of NJA, and hardly anyone would notice it in the yearly report....

 

[Pervis]

He could sell or rid himself of NJA, and hardly anyone would notice it in the yearly report....

Many BKS companies utilize NJA which enhances their ability to greater profit through time savings and ability to get there quickly. An intangible part of our (BKS) profit, and a big reason we (NJA) share the limelight far more than BKS companies with far greater tangible monetary value.

 

[CALRepublic]

Mr. Buffett is changing his tune about the airlines too. He once said "the airlines haven't made any money since the Wright brothers' first flight"

Last weekend in Omaha a reporter asked if he would consider "investing in an airline or buying an airline outright". He said "it'd be a sexy investment"

 

[OPECJet]

Mr. Buffett is changing his tune about the airlines too. He once said "the airlines haven't made any money since the Wright brothers' first flight"

Last weekend in Omaha a reporter asked if he would consider "investing in an airline or buying an airline outright". He said "it'd be a sexy investment"

He has proven himself as possibly the world's best judge of business, but let's face it.... He isn't the best judge of character. Maybe he's starting to get the two crossed up.

Listening to those two, maybe recalls will come at some point in the not so distant future.

 

[jetlag7]

And yet, every time he is on CBNC, he ends up talking about us or, as in this case, the airplanes are doing the talking behind him.

Financially, NetJets is a tiny part of the empire. But the company has ALWAYS been a huge part of Berkshire's public persona since Uncle Warren bought the outfit. Let's face it. Insurance and underwear are a little boring. Airplanes offer a little excitement and a little swagger to the stockholders and the general public.

That is why, when it gets down to brass tacks, I believe Mr. B won't allow a contract fight to drag on very long and risk damaging the cache' of the brand any more than Sokol already did.

Somebody give this man a cigar!!

:beer::beer::beer: