Warren Buffett made statement that buying opportunities in the US
There’s a lot of things that may be happening in the United States, Buffett told Bloomberg TV
again he said that”I’m open for business, but it’s got to be the best business in town
“I wanted a possible kicker.” he said on Berkshire’s investments on Goldman Sachs and General Electric Co, while adding he did not know if Berkshire would make money by exercising the warrants in either company.
Berkshire was awarded warrants to by Goldman shares at $115 per share as part of a September 23 deal. On October 1 the company was awarded options to buy GE common stock at $22.25 per share.
Goldman shares closed at $92.39 on Wednesday while GE shares closed at $8.49.
Buffett expressed his confidence on GE and its Chief Executive Officer Jeffrey Immelt.
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