Recs
October 17, 2009 – Comments (6)
Its ability to generate positive revenue from "Trading and principal investments" with such consistency makes Warren look like an incompetent bumbler.
http://blogs.reuters.com/rolfe-winkler/2009/10/15/letting-goldman-roll-the-dice/
Cui bono? Certainly not common.
yeah, cause they are CROOKS. When you can move lots of cash, borrow like a bank now, create news stories while taking the other side of the trade, place your CEO's in the highest levels of government, use flash trading - OF COURSE you will do well. Stupid post. They are CROOKS.
buffett is only one smart person. GS is a lot of smart people. What's your point?
I'm not going to defend late-in-life Buffett's moves, but I would kill for his track record and investment history.
Charlie munger is a hard-ass He would cut cost to where you might see BRK-A a million. The Indefensivble would be gone.
Why Buffett is better than GS.
If/when Berkshire exercises the GS warrants Buffett negotiated last fall as part of the preferred investment, the largest Goldman Sachs shareholder, by far, will be - you guessed it - Berkshire Hathaway.
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