Warren Buffett Being Warren Buffett
"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffett
In these fearful financial times, Warren Buffett puts his money where his mouth is:
In these fearful financial times, Warren Buffett puts his money where his mouth is:
- Invests $5B in Goldman Sachs preferred stock
- Buys $3B in perpetual preferred stock from GE in a private offering
I will personally be buying all the way down....following the fearless leader Mr. Buffett. Too bad I don't have a spare few billion dollars so I could get involved in a private offering at Goldman and GE.
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