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Old 02-24-2017, 03:38 AM
  #33  
727C47
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Joined APC: Feb 2006
Position: C47 PIC/747-400 SIC
Posts: 2,100
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Originally Posted by adebord View Post
That's not how Berkshire works.

Ichan was an LBO flipper. Buffett buys and holds forever. He buys companies that he think can produce a small stable check forever. It would be great for an airline as opposed to current management which focuses on the next quarterly report.
He has been good to , and for Netjets, it was a combination of the crash, and Bernie Madoff , that smacked NJ good back in '08.
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