Warren Buffett in the WSJ on Goldman and the Federal bailout today:
September 25, 2008

You have to marvel at Warren’s timing:  He knew that once the valuation on a deal with Goldman would have been completely different after a federal bailout.  So he decided to bet on a bailout before it happened, but not before Paulson had announced that he was going to go for a federal bailout.

If Congress fails to approve the bailout, Mr. Buffett says, all bets
are off. His investment in Goldman will “get killed, and so will all
our other investments.”

http://online.wsj.com/article/SB122226055484170915.html?mod=testMod

Now I am hoping, with Warren, that the bailout happens…

I’m a Zurich based investor. Since 1997, I’ve managed a privately offered investment fund known as the Aquamarine Fund.

I am also the author of a book titled The Education of a Value Investor, which was published in 2014.

As I wrote in my book, we are all a work in progress. This site documents my ongoing quest for “wealth, wisdom and enlightenment”.

I have created a /now page – inspired by Derek Sivers

I’m a Zurich based investor. Since 1997, I’ve managed a privately offered investment fund known as the Aquamarine Fund.

I am also the author of a book titled The Education of a Value Investor, which was published in 2014.

As I wrote in my book, we are all a work in progress. This site documents my ongoing quest for “wealth, wisdom and enlightenment”.

I have created a /now page – inspired by Derek Sivers

ARCHIVES

Guy Spier interviews

Georgina Godwin interviews