Buffett’s Many Happy Returns

Mark HirscheyBuffett’s Many Happy Returns [Yahoo!]

Warren Buffett served as a lender of last resort for a number of large companies during the global financial crisis of 2008. To date, these deals have returned approximately $10 billion to Berkshire Hathaway, Inc., Mr. Buffett’s conglomerate. “In terms of simple profitability, an average investor could have done just as well investing in the stock market if they bought during the panic period,” Mr. Buffett said.