Warren Buffet to Investors – Buy Private Jets

Submitted By Joe Marchelewski
Warren Buffet, one of the world’s foremost investors, had a special message to investors in London – forget stocks, but private jets. Buffet, who rarely visits London, was not too positive about current investment opportunities, claiming that while the economy is down, stock prices were not yet at a bargain price. “We’re not doing a lot of buying,” Mr. Buffet told The Independent (a British newspaper). “I don’t see many companies that trading for less than the value they are worth.” Investors are often hanging on every word coming out of Warren Buffets mouth, however he was very “hush hush” regarding most of his opinions. He gave general advice to investors, stating “Only invest in what you understand. Don’t buy anything because someone else says it will go up.” He was much more open however regarding private jets. He started buying private jets in 1998 for his company Berkshire Hathaway and he even said he’s been buying more planes than shares. Apparently, the economic slowdown has not hit the private jet industry.

Buy or Rent?

Most private jets cost between $6 million and $50 million per jet, which makes buying a private jet a sizable investment. Another way to save/make money is to use a private jet charter service such as Noble Jets for your private jet needs. Unless you use your private jet on a daily basis, your private jet will simply sit on the tarmac or in the warehouse waiting to be used. However, if utilizing Noble Jets’ private jet charter service, you will only be paying for the service of the private jet while it is being used. The maintenance, storage and upkeep of the private jet will not be your concern. With so many investors looking to save money, no stone is being left unturned in terms of ways to cut costs. While Mr. Buffet certainly has the money and the opportunity to purchase private jets as an investment, many other investors are simply looking to use private jets for more practical purposes. Private jet charter companies, such as Noble Jets, offer the luxury and efficiency of a private jet to customers, at a fraction of the cost it would take to actually buy one.

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