Berkshire 1st quarter

[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: