, a fellow executive and longtime friend, to ask how he could possibly justify buying a plane for himself.
Buffett wrestled with the ostentatious purchase because it clashed with his upbringing and self-image. He was so miserly that when The Washington Post's publisher and his close friend, Katharine Graham, asked him for a dime to make a phone call at the airport once, he pulled out a quarter and started rushing off to get change. She eventually convinced him to let her squander 15 cents.
Yet Buffett swiftly embraced the high life. He sold the first jet and splurged $6.7 million on a different used jet in 1989, he admitted in histo Berkshire shareholders. He joked they might"understandably panic" if the cost of upgrading the plane kept multiplying like bacteria, as it wouldn't be long until Berkshire had its entire net worth wrapped up in a single aircraft.
hmm....
😂😂
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