Expert Opinion
AIN Blog: NetJets’ Big Buy – A View From Outside
NetJets' $9.6 billion business-jet order could be the finest example ever of Buffett the contrarian pulling the trigger, says one Wall Street observer..
NetJets' $9.6 billion order for business aircraft is a vote of confidence for a battered industry.
NetJets' $9.6 billion order for business aircraft is a vote of confidence for a battered industry.

Like most professionals of advancing years, I get fairly inundated with offers of newsletters from financial advisors and stock pickers. One of them is Stephen Leeb’s The Cash Cow. Into my email box yesterday dropped the latest Cash Cow bulletin, headlined “Buffett’s Big Bet,” and it is wildly enthusiastic about the almost $10 billion purchase of business jets by Warren Buffett’s NetJets, announced on Monday.

This is a big thumbs up from someone who also predicts (and I quote), “The World Is Collapsing—But now there’s a simple way to dodge the damage” and “The Free Ride Is Over—The dollar will soon be devalued and replaced—China has called for the creation of a new currency to replace the dollar as the world’s standard.”

Nigel Moll
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