Mystical Warren Buffett

NetJets, the incontestable leader in the private jet business is flying higher these days. It leases planes to customers, and allows corporates or individuals to buy fractions of time to fly in private jets. The rental fees are not cheap, but they are definitely affordable as compared to the purchase of an entire aircraft.

10 years ago in 1998, Warren Buffett bought this company. Honestly, we might not even know of such businesses a decade ago. So why did the Sage buy into NetJets then? Might it be for his own convenience of flying with privacy, or did he foresee that global trade will extend to most parts of the world now in 2008? I reckon that it is the latter, as the Sage had always been able to anticipate the major events and invest much earlier than the rest of the herd. In modern days, higher managements of corporates need to have the ability to travel from country to country efficiently, timely and safely. These conditions are fully satisfied by NetJets, which explains their booming business.

I am ceaselessly impressed with Warren Buffett, and he never stops giving surprises to the investing community. Following this article, perhaps we should start thinking about how the world looks like in another ten years' time. Will we able to screen out a gem before everybody else? This should be the ultimatum for all the Sage followers.