Saturday, October 23, 2010

Warren Buffett May Be Getting Unwanted Phone Call from Goldman Sachs - CNBC

I think Warren is D only guy who has the power and knows the know how's to whip these kings of WallStreet from a small street in Nebraska.
Read this article attached with a link to CNBC newsletter, and you will know how much he (Warren) has taken a risk over a period of 2 - years by investing in GS, and not just aimed at just the return on investment but as well he locked in with GS on a PPS of $115 as warrants. When he locked that deal on warrants, the price was some where less than that, which made GS easily accept the offer as well. He knew the real possible value of GS over a 3 years period, while even GS couldn't estimate it in that downturn (a person / organization in panic really underestimates his / her own capability and worth becomes true and Warren has clearly used it to his best) . Companies should always up-sell them selfs even in downturn is what one should learn from this deal that GS gave to Warren.

Warren Buffett May Be Getting Unwanted Phone Call from Goldman Sachs - CNBC

"Even while one has lost the game, never under quote your value, because there is always a game after that."

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