He is known as the Oracle of Omaha.
He is known as the best investor of our time.
He has a buy and hold approach.
He buys stocks on the cheap.
He moves markets and stocks with his comments.
He bought for 5 billion dollars of "perpetual preferred stock" in GOLDMAN SACHS (Secretary of Treasury, Paulson's former company...) that yields a 10% dividend.
He bought for 3 billion dollars of "perpetual preferred stock" in General Electric that yields a 10% dividend. General Electric can pay him that money back (+3 years worth of dividends)+ a 10% fine after 3 years.
So he is not really buying the pure stock, he is buying something similar to a bond with a call option.
IF he was buying stocks WHY would he let everyone know?
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