Warren Buffett explains why great investing isn't about comparing every new opportunity to your greatest success.At a Berkshire Hathaway annual meeting, a shareholder asked why several major Berkshire investments were structured so differently.Goldman Sachs received $5 billion at 10% plus warrants. General Electric got similar terms. Dow Chemical's deal came with an 8.5% convertible structure. Mars/Wrigley paid 11.45%, while Swiss Re paid 12%.Why weren't the deals priced the same?Buffett's answe
3:38
x.comBlack Edge
Warren Buffett explains why great investing isn't about comparing every new opportunity to your greatest success.At a Berkshire Hathaway annual meeting, a shareholder asked
Black Edge (@BlackEdgeFund). 20 likes. Warren Buffett explains why great investing isn't about comparing every new opportunity to your greatest success.At a Berkshire Hathaway annual meeting, a shareholder asked why several major Berkshire investments were structured so differently.Goldman Sachs received $5 billion at 10% plus warrants. General ...
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