Warren Buffett makes $4bn profit on Goldman Sachs stake
Billionaire investor Warren Buffet has done it again – booking a $4.1bn (£2.5bn) paper profit on the $5bn he invested in Goldman Sachs at the height of the financial crisis.
Billionaire investor Warren Buffet has done it again – booking a $4.1bn (£2.5bn) paper profit on the $5bn he invested in Goldman Sachs at the height of the financial crisis.
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Alot of people mentioned that Warren Buffett was old school, and his investment philosophy will not work anymore. And I am glad that Warren Buffett (being on the greatest investor of all time), proved those skeptics wrong. More importantly, even the oracle of omaha faces alot of skeptics and nah-sayers.
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Some quotes from Buffett:
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"It's far better to buy a wonderful company at a fair price than
a fair company at a wonderful price."
- Warren Buffett
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"You only have to do a very few things right in your life
so long as you don't do too many things wrong."
- Warren Buffett
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