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Originally Posted by Table 5
Well i agree here, this is a stop-gap, not a long term solution. If the problem isn't addressed properly afterwards, it was all for naught.
As for Buffett, he personally might be in it for charity at this stage, but remember that Berkshire Hathaway still has stock holders who expect him to make money. I don't think he would be putting in 8 billion dollars of investments this week if he didnt think he would make money.
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I agree with both of you (T5, Dis) ... Buffett has an obligation to his shareholders to maximize profits for his company.
But ... I do think Buffett is playing a bit of a marytr here. I think Buffett is playing both worlds, we need credit to flow for the USA / world to avoid a depression; but, I do think there is a huge influence for him to do the "noble" thing.
I do find this recent investment into GE fascinating. I would love to here his thesis behind thing. GE has good dividend yeild, it is below value but there are so many other good options out there IMO. Is there any specific industry that Buffet has his eye on? Time to google.