Quote:
Originally Posted by Phanuthier
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.
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Funnily enough I bought some GE stock today (before the Buffet announcement, but believe me, im no Oracle!) because i think its a fantastic long-term buy....collapse or not. Throughout this whole crisis, its retained its AAA rating, has made money, has a fantastic divident, and a stock price that is currently as low as it has been in years. Plus it puts out 30 Rock, ha.