Warren Buffett Earns $2 Billion From Goldman Sachs Warrants

Mani

Published onSeptember 30, 2013

Updated on May 13, 2021

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is set to earn $2 billion through Goldman Sachs Group Inc (NYSE:GS) warrants bought during the 2008 financial crisis, while the federal government was scrambling to stabilize the financial system.

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Warren Buffett’s investment in 2008

During 2008, Goldman Sachs Group Inc (NYSE:GS) turned to Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) to bolster capital and shore up market confidence when shares plunged after the Lehman Brothers’ collapse. Warren Buffett, Berkshire’s chairman and chief executive officer,...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Warren Buffett Earns $2 Billion From Goldman Sachs Warrants

Warren Buffett’s investment in 2008

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