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bar1080

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bar1080

Re: Porgie Tirebiter post# 2519

Thursday, 05/02/2019 1:34:18 PM

Thursday, May 02, 2019 1:34:18 PM

Post# of 2553
BRK isn't JUST a sort of index fund. Consider its very profitable 2008 investment in Bank of America and its current $10 billion investment in Occidental preferreds to finance the buyout of Anadarko Petroleum.

Buffett can deliver enormous cash almost instantly... and on a handshake after a day or two of diligence. No one can act faster than BRK. That's one reason I own index funds and BRK.

https://seekingalpha.com/article/4259016-buffett-back-bang-analyzing-occidental-preferred-deal-means-brk-holders

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