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Old 26th Apr 2020, 14:16
  #23 (permalink)  
Oh gaim
 
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Originally Posted by TheHack
And exactly thats the question. We know from every crisis before that it CAN be a chance as well!
The thing is, NetJets either doesn't see chances in future or it is just panicking...
The fact that Berkshire Heathaway does not fund NetJets anymore is a bit worrying because if they want they can easily effort it. Berkshire Heathaway got a CASH! ammount of 128 BILLION dollar. So either both are not expecting any chances here. For whatever reason. Or it is as eatmyshorts said, NetJets is just panicking because they lost their funding.
Apart from their Insurance businesses, all BH companies have been told to expect no cash injections.
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