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  • Goldman Sachs: Buffett's the Milkman and He Always Delivers  [View article]
    Here's another play if you believe that interest rates will sooner or later go up. GS has issues floaters that currently yield more than 7.5% with dividends that rise as LIBOR goes up. Warren's cash and GS delvering has made these bullet proof, in my opinion. Symbols are GS-D and GS-A. Common dividend must be cut first before these will be cut; also the gubment is removing risk as well with their bailout. Point being there are so few ways to profit fro a rise in interest rates. This is one.
    Sep 25 17:34 pm |Rating: 0 0 |Link to Comment
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