3min chapter

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Berkshire Hathaway Part III

Acquired

CHAPTER

G E, a Rail Car Services Fleet, Was a Subsidiary of Berkshire.

berkshire invests three billion dollars in g e for basically the same deal, ten %. Keep on warrants to buy three billion dollars of common stock at 22 dollars a share. And how long did that last? Di they end up completely out of goldman shortly thereafter. They bought some rail cars from g which i think is now viewed as sort of a mistake in retrospect. This is my personal favorite, 300 million dollar loan to harley davidson, ah 15 % interest rate. Bang. 200 ad 50 million to tiffanes at ten% and a hundred and 50 million into sealed air at 12%. That was like a air line or lik air manufacture at of something. Well,

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