FUJIMO

Should You Follow Warren Buffett’s Latest Moves?

There enlies the misunderstanding of the Great Depression.
For those who have never lived in that time frame it is hard to understand the hardships of every day life.
The little emenitys that we take for granted would then have been a luxury. Every company would have to restructure and make conseccions.


On Feb 24 03:42 AM Dividend Growth Investor wrote:

> Jason,
>
> Most of JNJ and PG's products are things people use on a daily basis.
> Even a great depression shouldn't hit these companies too hard.
>
>
> City Desk,
>
> Buffett took a 3 billion francs in convertible preferred shares in
> Swiss Re that pay an annual interest rate of 12% and will be convertible
> into common stock after three years at a price of 25 francs a share,
> subject to anti-dilution adjustments.
> If the entire investment of 3 billion francs were converted into
> shares, Buffett could end up holding more than a fifth of Swiss Re
>