nvm, sleeping dogs, trying to be funny.

Please keep the ogre of Omaha far away from us.


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There are some major benefits of being owned by Berkshire. The largest is that you're not beholden to investors on a 'what have you done for me in the last three months' cycle and can actually plan, invest, and operate with a long term outlook.

The three month cycle would be replaced by buffet constantly whispering to management, “where’s my money?”


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Have you ever worked for him?

For one of the companies he owned.


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Curious which work rules you’re talking about at AA? The big gripes are about reassignments. Unfortunately those are industry standard.

The 11 hour 3 day/17 hour 4 day problem was solved with average calendar day. The most a line holder could be scheduled to work now is 17 days, and that’s with a high PBS window.

Of course there is work to do on the work rule front but the “AA has no work rules” idea is mostly untrue.

Thankfully the contract is amendable Jan 1 2020 and negotiations are underway.

I'll assume you're talking about NetJets. Santulli was allowed to run his company hands off until he needed a $1 billion commercial note cosigned by Uncle Warren. Richard was a great guy but it was time for a change. Not that David or Harry Potter was the correct replacement though.

I don't know of a board of directors who don't prefer being owned by BH. There are few businesses that run on 120 day planning cycles much less transportation companies. Airlines are run on long term strategies buying assets with decades long depreciation schedules. Look what just happened to NK stock. A growing airline that is profitable and the stock tanks 24% because of the 'now' mentality of Wall Street. It's hard to plan long term when you have short term minded people to report to. Being owned by BH would allow our BOD to report directly to BH and to someone who understands the long term strategic decisions and investments required.

NJ’s is the king of the hill of the frac world in market share, service and compensation. And that wasn’t always the case.

If my two choices are BH or another regional retread I’ll take the former.

Buffet statement to the board
“ elephant size acquisition “
That is not SAVE for sure