Originally Posted by
UCLAbruins
Netjets is really not worth mentioning. At one point, Berkshire's market cap was $550 billion. Now it's down to like $440 billion. Netjets is 2% of that market cap
The only reason he remembers he owns us is because he flies on us regularly
I would be EXTREMELY surprised if we hire this year.
Frankly I don't see us hiring next year either
That is correct. NJA is a pimple on Birkshire's PNL. In fact, all the airline stock he sold was worth significantly more than NJA. NJA wouldn't be worth mentioning and that is actually a compliment. NJA isn't in dire straits right now, and although they are feeling the hardship that everyone else is is feeling, They are staying the course, which is what a well run company should be doing.