Berkshire Hathaway (BRK.A, Financial)(BRK.B, Financial)'s NetJets has to be one of Buffett’s worst investments ever, so far. I say so far, because NetJets has been busy building a moat that will be difficult for new competitors to leap across. In the fractional aircraft industry there has to be a big advantage to getting to a certain critical mass.
Here is an interesting interview with the man running NetJets following the controversial departure of David Sokol:
Here is an interesting interview with the man running NetJets following the controversial departure of David Sokol:
