tag:blogger.com,1999:blog-2460005.post7158472542369419572..comments2023-11-05T04:28:29.961-08:00Comments on Adventures in Capitalism: BRK + GS?Chrishttp://www.blogger.com/profile/00927628412285314176noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2460005.post-21201899821533138232008-09-18T23:46:00.000-07:002008-09-18T23:46:00.000-07:00BRK - never. :) Buffett isn't touching that with a...BRK - never. :) Buffett isn't touching that with a ten foot pole and $10 billion. Investment banks are dead. It's going to be a retail/commercial bank - if anything. The last of the late great investment banks rolled. <BR/><BR/>UNLESS!! Against all odds some of the outlying predictions of the IPO market heating up actually comes to fruition and GS has the ability to ride out this current situation - with a little extra cash from BRK.<BR/><BR/>If Buffett feels like this is the way the market will go, and there will only be one large investment bank getting all the business - then he may be willing to put up the money.<BR/><BR/>Hey Chris, will you float me a loan of $128,900?? I'd like to buy a share of stock before this deal goes down. :)Paulhttps://www.blogger.com/profile/15359356247912896495noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-33988639024366814622008-09-18T14:47:00.000-07:002008-09-18T14:47:00.000-07:00Unthinkable? At one time it would have been unthin...Unthinkable? At one time it would have been unthinkable that the horse-and-buggy industry wouldn't dominate individual transportation :) It would be a big event, but that's the kind of thing that happens when your "once in a hundred years" events are occuring every decade.<BR/><BR/>Maybe it really has nothing to do with their actions but as much as I read about finance I still don't really know what GS does. That usually indicates a business where you need to be very careful about the risks you take... or ready to sell out at a moment's notice.Anonymousnoreply@blogger.com