Buffett Makes $5.1B Bid in Power Industry

[CitationCapt]

Does anyone know if Pacificorp still has a flight department? If so, hopefully the new management at Mid American is not "forced" by BK to buy NJ shares and sell the flight dept. assets. This goes for any other utility acquisitions in BK's (Mid American's) long term strategy. This is not a negative comment towards NJ, but concern for corporate flight department closures.



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[h25b]

I had that same thought as well, running a quick search I couldn't find any a/c registered to them.

 

[h25b]

ROI, Return on Investment, anyone with a Master's in Business would know that.

I think they all assume Warren bought NetJets just because he's a nice man and likes airplanes. Bottom line he wants as much of a return on his investment (ROI) as humanly possible.

Ask the folks at FlightSafety how things changed after BH bought them out. They'll tell you that BH expects/demands financial results and I'm sure that applys at NetJets. If they don't get it they will sell you and move on (and it wouldn't be the first time).

 

[Live4flyng]

ROI, Return on Investment, anyone with a Master's in Business would know that.

Thanks for the definition, it doesn't take an MBA to figure that one out. You forgot to answer my question though. What is the ROI standard for Uncle Buffett's investment in NJ? How about the ROE? Point me to those written numbers please.

 

[h25b]

What is the ROI standard for Uncle Buffett's investment in NJ? How about the ROE? Point me to those written numbers please.

What difference does that exact amount make? It probably matters to you because you falsely believe you're entitled to some percentage of it (that you've dreamed up). Simply put, Warren expects an ROI... The larger the better and I wouldn't expect the company to release that figure to you if it did exist.

 

[pilotyip]

Not WB/BH expert, but I remember reading he has averaged near a 20% return since he started his investments. That is 2 to 2.5 times greater than the market average. I worked for this Kirk K. guy, the one who made the offer to buy all the GM stock, he could not make his ROI in the airline busines so he sold his airline, one airplane at a time. When that happens you go backward in senority, like one month you can hold DC-8 F/O, the next month you are a L-188 F/O due to displacement.

 

[Live4flyng]

What difference does that exact amount make? It probably matters to you because you falsely believe you're entitled to some percentage of it (that you've dreamed up). Simply put, Warren expects an ROI... The larger the better and I wouldn't expect the company to release that figure to you if it did exist.

It only matters when Dipsh!ts like you get on here talking about how NJ is going to be sold because the ROI isn't what it should be for Warren. You have no idea what you are talking about as usual. I hope Buffett does sell NJ, even though there are very few assets to sell.

And NO, we don't feel entitled to a percentage of anything. Could care less what you think, you have ZERO influence on what will happen.

 

[h25b]

Could care less what you think, you have ZERO influence on what will happen.

If that's the case, why are you asking me to deny a NetJets sell-off or risk being labeled a scab... Believe me, I'd love for you to leave me out of this one.. But as usual, you want it both ways. Some of you certainly think we have some influence, why else for the scab threat. Come on man, get your message together... Again, much like the Democratic party... (o.k., I promise to stop getting politcal)

 

[Live4flyng]

If that's the case, why are you asking me to deny a NetJets sell-off or risk being labeled a scab... Believe me, I'd love for you to leave me out of this one.. But as usual, you want it both ways. Some of you certainly think we have some influence, why else for the scab threat. Come on man, get your message together... Again, much like the Democratic party... (o.k., I promise to stop getting politcal)

Just the other day you stated you don't do NJ sell-offs. Which is it? Get your story straight. I never asked you to do anything! I could care less what you do, it won't affect the outcome either way. You are insignificant to us and when have I threatened anyone as being a SCAB. You are a DIPSH!T!

 

[buttercup]

That is why mutual funds are a joke and nobody should ever invest in them.. I have plenty of friends on Wall Street and if you knew how devious and crooked these people were who touched your money were you wouldnt drop another dime into a mutual fund.... Warren operates Berk Hathaway essentially like a large mutual fund.always switching around companies , buying and selling them.. Buy Berk B stock instead of mutual funds