he didn't just buy netjets this year, when he did it was producing and buying up all that cessna could produce. It was also the cause of so many flight departments shutting down after 20 years and getting rid of pilots that ALREADY MADE good money. Some of these guys ended up at netjets on the crappy pay. All buffet wants with netjets now is to be the last man standing in the fractional buisness.sweptwingz said:Mr. Buffet doesn't buy non-producers. Period.
So don't fool yourself, yes he will be here longer that options, flexjet or anyothe one if it is only for his ego. But, he is still in the buisness to make money and will drop any buisness that doesn't produce. Factor this into his successor taking over, when buffets ego is gone, then what?