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Of course, Buffett did also make a fair amount of money on his $5B purchase of Goldman Sachs preferred stock during the crisis – it paid 10% dividend for a few
by MaysonL 12y ago
Of course, Buffett did also make a fair amount of money on his $5B purchase of Goldman Sachs preferred stock during the crisis – it paid 10% dividend for a few years, got bought back at a 10% premium last year, and he got a couple billion worth of GS stock by exercising the warrants he got given to sweeten the deal.
Josh Brown works with Barry Ritholz, who's one of the more perspicacious commentators on the market around, so lumping him with cnbc and business insider is really a low blow.
- chad_strategic 12y agoYou understand that Josh Brown is on CNBC right? That silly little half time report. http://www.cnbc.com/id/100831613 http://www.cnbc.com/id/100831613, I'm just going to leave that there for you. But don't worry he is reformed! Are you seeing how easy it is get lumped in with the CNBC crowd?