Buffett’s $8 Billion Junk Bond Trade

HFA Padded
Rupert Hargreaves
Published on
Updated on

When the dot.com bubble burst in 2000--2002, Warren Buffett dived into the market, but he wasn't rushing to buy equities. The Oracle of Omaha moved quickly to take advantage of the situation evolving in the junk bond market. Q4 hedge fund letters, conference, scoops etc In 2003, Buffett described the junk bond market in 2002 as kind of "chaotic" as the number of bonds being issued far exceeded investor demand for the securities. As Buffett later explained, "there were a lot of them created much faster than the funds available to absorb them were coming in." If you’re looking for...

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk