BUFFET BET ON GOLDMAN SACHS WILL ACT LIKE THE BOON FOR FALLING MARKETS...

by pankaj kumar | September 24, 2008 at 05:45 am | 97 views | 2 comments | 4 recommendations

Warren Buffett tells  he's making a $5 billion investment in Goldman Sachs because "the price was right, the terms were right, and the people were right."  He also made it clear that he would not have bought anything right now, if he wasn't confident Washington will do the "rational" thing and approve the financial bailout proposal put forward by Treasury Secretary Henry Paulson.   

 

Who dare to catch the falling knife! yes indeed mr Waren Buffet ONCE AGAIN ....catches the Goldman Sachs..and definitely he is going to make from his his investment as he done in the past...

This is the Way by which he created value for BERKSHIRE HATHWAY....

As the news confermed Wal streat ,and US Dollor reacted positively. The dollar and the euro are stronger against the yen early Wednesday in New York as investors greet with open arms a decision by billionaire investor Warren Buffett's company to invested in Goldman.

bailout has been almost done now this is the time for action buffet wil soon negotiate for their stake and price......

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pankajko
pankajko
flagged this story as Good Stuff

at 06:29 on September 24th, 2008

pankaj kumar, I like this story. It's good stuff.

Damian George
Damian George
flagged this story as Good Stuff

at 11:59 on September 25th, 2008

pankaj kumar, I like this story. It's good stuff.

Buffet has got him self a bargin yet again and will double his money - yet again. fourtune favours the brave but who here can make these sort of gambles?

I wish my pockets were that deep but than again....

Damian

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September 24, 2008 at 05:45 am by pankaj kumar, 97 views, 2 comments

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