Buffett Makes $5.1B Bid in Power Industry

[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

 

[h25b]

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!

I take the threat collectively as I work for an operator that frequently gets sell-offs. Our particular aircraft hasn't seemed to draw any of that business.

You might not have personally used the scab threat, but your union seems to be going down that road. Don't they speak for you ??? Talk about needing to get stories straight...

 

[Live4flyng]

I take the threat collectively as I work for an operator that frequently gets sell-offs. Our particular aircraft hasn't seemed to draw any of that business.

You might not have personally used the scab threat, but your union seems to be going down that road. Don't they speak for you ??? Talk about needing to get stories straight...

Our Union hasn't called anyone a SCAB, we haven't gone on strike. So you collectively do sell-offs for NJ. I'm glad we finally got that straight.

 

[h25b]

Our Union hasn't called anyone a SCAB, we haven't gone on strike. So you collectively do sell-offs for NJ. I'm glad we finally got that straight.

Did I say they have officially labeled anyone a scab ??? Nope. I said that is what they are threatening to do. Historically, I have never responded well to threats. Which is why if asked, I'll gladly fly a NetJets sell-off... Mostly just for spite. Since your speaking collectively, well I believe the charter community collectively thinks the union is out of its mind and will respond in the same manner...

Anything else I can straighten out for you please, don't hesitate to ask.

 

[Live4flyng]

Historically, I have never responded well to threats. Which is why if asked, I'll gladly fly a NetJets sell-off... Mostly just for spite.

Then why do you continue to respond? Again, I could care less if you "gladly" fly sell-offs, knock yourself out Mr. Professionalism. The more chartered airplanes our owners have to ride on, the faster we get paid. Owners hate charted airplanes!

 

[dsptchrnja]

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.

This just came up in another post from which I am copying from: NetJets International Interview

When BH purchased and invested in NJ's they asked that it return 7%/yr back to them, on par with the other BH companies. BTW this has yet to be realized in any year to date. Last year was the closest, I think it came in at 4% or something close to that.

 

[Live4flyng]

This just came up in another post from which I am copying from: NetJets International Interview

When BH purchased and invested in NJ's they asked that it return 7%/yr back to them, on par with the other BH companies. BTW this has yet to be realized in any year to date. Last year was the closest, I think it came in at 4% or something close to that.

Please Dispatcher, spare us already. Where you seated at the table when the deal was inked by Buffett and Santulli? You "think" it came to 4% or "something"? Open your eyes dude, earnings tripled in 1 year while the company grew!

 

[dsptchrnja]

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

Don't know much about Wall Street but I do know that it is WB's style to keep companies around long term. Not sure which companies you were referring to that he is always buying and selling, you may be aware of some others that are not mainstream. Consider the quote below as you you think about WB's relationship to RTS.

"You should be fully aware of one attitude Charlie and I share that hurts our financial performance: Regardless of price, we have no interest at all in selling any good businesses that Berkshire owns. We are also very reluctant to sell sub-par businesses as long as we expect them to generate at least some cash and as long as we feel good about their managers and labor relations."
-Warren Buffet

 

[dsptchrnja]

Please Dispatcher, spare us already. Where you seated at the table when the deal was inked by Buffett and Santulli? You "think" it came to 4% or "something"? Open your eyes dude, earnings tripled in 1 year while the company grew!

Argue with the CEO of NetJets, not me. That is who I got the info from.

 

[Live4flyng]

You brought it up. Once again, you have no idea what you are talking about.

 

[dsptchrnja]

You brought it up. Once again, you have no idea what you are talking about.

Again, do you have any information to the contrary?

I'm at odds at why this simple piece of information offends you so much. I have yet to even interject an opinion.