Public Notes on
View Public Collections
Basically bought like 8.5% of Goldman Sachs (I'm thinking around that amount since they also raised $2.5B in selling more common stock). He apparently got a 10% dividend yield on the deal. And years later in next bookmark, he mkaes out like a bandit. $2B profit. #year:2008 #bailouts #news #warren_buffett #banks #investing #boss_peeps #arrangements #goldman_sachs #month:september #pub
Show More
Buffett doing his 3rd bailout of a finance company. Goldman Sachs in 2008. Bank of America in 2011. Both were him getting 8-9% of the companies. This time, 38% of Home Capital Group for $300M. And a $2B credit line at 9% interest rate. High interest rate lol. #year:2017 #bailouts #news #warren_buffett #banks #investing #boss_peeps #arrangements #goldman_sachs #pub
Show More
Google paying Apple $3B a year now vs $1B a year just three years ago for being the default search engine. This could amount to 5% of Apple's total operating profit. #arrangements #search_engine #defaults #google #apple #google_search #iOS #iPhones #pub
Show More