Will This Be Warren Buffett's New Favorite Bank?
Five years later, Warren Buffett's Berkshire Hathaway is still riding high on its Goldman Sachs investment.
During the depths of the financial crisis, Buffett led a $5 billion preferred-stock investment in Goldman. Now, the warrants remaining from the deal are set to be exchanged for a hefty common-stock position in the investment bank.
Will this be a good investment for Berkshire shareholders? In the video below, Motley Fool analyst Matt Koppenheffer breaks it down.
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The article Will This Be Warren Buffett's New Favorite Bank? originally appeared on Fool.com.Matt Koppenheffer owns shares of Berkshire Hathaway and Goldman Sachs. The Motley Fool recommends Berkshire Hathaway and Goldman Sachs. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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