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Let me get this straight....

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FL510GV said:
Can someone point me to a financial statement or the like that shows that NJI (and NJA, EJM etc) are loosing money? I keep seeing this on the thread and have not seen anything to substantiate it. NetJets (all of the divisions) are privately held (Berkshire Hathaway) and are not required to report any financials. I would love to see a report.

Thanks.

In Berkshire Hathaway's annual report Warren Buffett talks a little about it. The '04 report is not out yet but in the '03 report he said that NetJets had a net loss of 41 million (pretty sure) due to NetJets Europe bleeding red. Google "Berkshire Hathaway annual report".
 
Excellent Info

Thanks for the info... I forgot BH was a public company, so they do report annual results. Too bad they don't have much info on the NetJets. It would be very interesting to see the NJA, NJI, EJM, NJE etc broken out and the individual profits/losses. Needless to say, NetJets is "well financed" and won't be going away in the near future. The "Oracle of Omaha" tends to buy and hold.

Thanks!
 

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