CVGpilot
Topic Author
Posts: 579
Joined: Sat Dec 27, 2003 5:20 am

NetJets Stock

Sat Jul 24, 2004 11:53 pm

Anyone have NetJets stock?
 
JAL777
Posts: 2453
Joined: Wed Jun 04, 2003 10:13 pm

RE: NetJets Stock

Sun Jul 25, 2004 12:05 am

You can't.

NetJets is owned by Berkshire Hathaway (Warren Buffet's Company) who's share price is currently $88,100.
 
CVGpilot
Topic Author
Posts: 579
Joined: Sat Dec 27, 2003 5:20 am

RE: NetJets Stock

Sun Jul 25, 2004 1:17 am

bummer, I here they are a good company, especially to work for!
 
JAL777
Posts: 2453
Joined: Wed Jun 04, 2003 10:13 pm

RE: NetJets Stock

Sun Jul 25, 2004 1:22 am

All of Buffet's companies are good to work for. I think he keeps the share extremely high to discourage short-term, quick return investors.
 
EMBQA
Posts: 7798
Joined: Sat Oct 25, 2003 3:52 am

RE: NetJets Stock

Sun Jul 25, 2004 1:40 am

I think he keeps the share extremely high to discourage short-term, quick return investors

He doesn't keep the price high, market demand keeps it high. Warren refuses to do 'stock splits'....which bucks the norm of most company's. As a result the price of B/H continues to slowly creep up. I can remember in the early '80's it was trading around $8,000.
"It's not the size of the dog in the fight, but the size of the fight in the dog"
 
qwerty
Posts: 382
Joined: Sat Mar 17, 2001 7:31 am

RE: NetJets Stock

Sun Jul 25, 2004 7:51 am

There is a second, B classs of shares. They are ~$3,000

Also, it's Buffett, not Buffet

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