fractional ownership

Berkshire's NetJets Buys Marquis Jet

NetJets, a private aviation company selling fractional ownership in its planes, announced Thursday that it would buy Marquis Jet, a private jet cards company that sells the use of NetJets's planes in 25-hour blocks. Marquis Jet becomes a subsidiary of NetJets, itself owned by Warren Buffett's Berkshire Hathaway.

Take a pass on fractional ownership

The New York Times reports that fractional ownership of real estate -- which the newspaper calls a "step up from timeshares -- is gaining popularity...

You can own a yacht! Yes, you!

Well, sort of. You can at least own a piece of a yacht... or a jet... or a Ferrari... or a mansion... and the list goes on and on. Welcome to the...