Old 03-05-2008, 10:16 AM
  #5  
GeeWizDriver
Speed, Power, Accuracy
 
Joined APC: Sep 2007
Position: PIC
Posts: 1,693
Default

Originally Posted by HSLD View Post
NetJet's Parent Company, Berkshire Hathaway has pretty deep pockets although an acquisition has to add value to the franchise. I've held Berkshire stock for over 20 years and have never seen them over pay for an acquisition.
Uncle Warren once said in an interview that the toughest part of his job was trying to find companies to buy with the BILLIONS and BILLIONS of cash Berkshire has. He said the companies available for purchase are usually over valued or poorly run and he won't touch any company that smells of either.
GeeWizDriver is offline