What is 'little bitty jet'?
The Little Bitty Jet: Ridiculous Extravagance
The meetings (Berkshire 's annual meetings) are always laced with homespun wit and humor.
While Buffett prides himself on never adding the unneeded, Berkshire did purchase a corporate jet a few years ago. When asked about the “little bitty jet,» Munger replied, “I am unfamiliar with this ridiculous extravagance.” Munger flies coach.