Los Angeles Times business reporter Walter Hamilton explains why Warren Buffett is smarter than you and me. His billion investment in Goldman Sachs in the midst of the financial crisis has paid off handsomely. Read more at lat.ms
Tag Archive for 'pays'
Goldman Sachs profit falls as investment bank pays dividends to Buffett
NEW YORK — Goldman Sachs’ first-quarter income fell 72 percent after the bank paid $ 1.64 billion in dividends to redeem preferred shares it issued to billionaire investor Warren Buffett during the financial crisis.
Read more on San Jose Mercury News
FMMH Mergers With ACIA — It is Not Complete Loss for Biglairi
By guruek. Sardar Biglari, Chairman and CEO of Biglari Holdings, aspires to copy Billionaire Warren Buffett’s strategy of buying into an insurance company and perform the wonders with the insurance premiums that the company brings in. However, his plan to acquire insurance company Fremont Michigan InsuraCorp, Inc. ( FMMH ) just had set back today. Read more » »
Read more on Guru Focus
