Tags: Buffet, financial gurus, Guru
The most expensive share I ever got: 1 costs $ 2,849.
I hate gurus, but I had to invest on Warren Buffet’s BERKSHIRE HATHAWAY this time, because Buffet could exploit the crisys, taking advantage of tax payer’s money like we the people, the small investors, simply cannot do:
- He was able to lend money to troubled financial institutions at very high interest rates
- Those high interest investments are safe almost like US Corporate Bonds because US government decided that those financial institutions are “too big to fail”. Of course Buffet had talks with both administrations. He knew he could get huge interest rates and be backed by taxpayer’s money (more…)