Kath H.

What's the Smartest Money Doing? Buffett's Buying Goldman Sachs

Maybe Buffett is very concerned that a failure of the passage of the bailout would cause such a problem that his entire wealth would decrease significantly. By showing faith in Goldman, perhaps he feels he can create support for the bailout and hence be better off. His decision may have nothing to do with Goldman's potential to make a profit for him itself.