1994: Will Buffett give up his private jet?

AUDIENCE MEMBER: Mr. Buffett, my name is Rob Na (PH) and I’m from Omaha, Nebraska.

My question is, given the recent announcement of Midwest Express and their nonstop jet service between East and West Coasts, will this cut down on your use of “The Indefensible?” (Laughter)

And will you use more commercial air travel?

WARREN BUFFETT: This is a question planted by Charlie. (Laughter)

I think you should know, I take it to the drugstore at the moment, and I — (Laughter)

No, it’s just a question when I start sleeping in it at the hangar.

Nothing will cut back on “The Indefensible.” It’s being painted right now, but I told them to make it last a long time.

Charlie, though, was pointing out the merits of other kinds of transportation last night at the meeting of our managers. He might want to repeat those here.

CHARLIE MUNGER: Well, I just pointed out that the back of the plane arrived at the same time as the front of the plane, invariably. (Laughter)

WARREN BUFFETT: He’s even more of an authority on buses, incidentally, if anybody has his — (Laughter)