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by mxschumacher
2095 days ago
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The calls come from businesses that want to be taken over in full, not public firms where berkshire takes a 10% stake. The equity investment made with proceeds from yen denominated bonds, so it doesn't imply a bet on a weaker dollar (the debt would be more expensive to repay if the yen were to strengthen) |
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Berkshire has made large investments in companies (outside their insurance float capital) where they weren't buying 100% ownership. See their investments in Goldman Sachs, BofA, Pilot Flying J, Nebraska Furniture Mart, and others.
Buffett and Berkshire are attractive as an investor because they send a strong confidence signal and because they are known to be extremely hands off.