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Buffett's holdings all see decreased IBM spending on the horizon. Buffet knows IBM will need a massive bond infusion as a life raft. Sell the stock now, lend pr
by crb002 9y ago
Buffett's holdings all see decreased IBM spending on the horizon. Buffet knows IBM will need a massive bond infusion as a life raft. Sell the stock now, lend proceeds back to IBM at 12% interest, and buy the shares back at half price.
- koolba 9y agoReminds me of his GS preferred share deal.
- runeks 9y agoIn my opinion, there's no way in hell IBM will end up paying 12% interest on any bonds issued. 20 years ago, perhaps, but not today.
- easilyBored 9y agoIs IBM losing money to need a bond infusion? They are paying nearly 4% in dividends.