Life imitates art as Buffett invests in Goldman

3 responses

  1. OilyGasMiner says:

    The real question is, how do investors tell what “cheap” is, in other words how do we perform valuation now-a-days? I wouldn’t be surprised if one of Buffett’s advisors did take a peak at your Fuld proposal for referencing. Buffett has paved the path for other similar investors to follow suit. And given his track record, and the thousands of confused investors who are unsure of what to do with their money, I expect to see a herd of followers being more interested in Goldman, and/or the next big bailout. I think it’s a matter of timing, and those that played this one well, will be reaping the benefits in the near future.

  2. Great post. I can’t understand the misleading enthusiasm in the headlines. Buffett is making a deal here that is not available to anyone else and is a pretty much a no-lose situation for him. This investment simplyan investment in BRK, not GS as the media is suggesting.

  3. OilyGasMiner says:

    Good point Canadian capitalist, never thought of from the BKA perspective

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