pull down to refresh

115 sats \ 4 replies \ @BlokchainB 20 Jun \ on: What Is the Point of Buffett's Old Berkshire Hathaway? (FT, Robert Armstrong) Stacker_Stocks econ

I wonder what would’ve happened ro this company if the 2008 bailouts didn’t happen

write
compose
72 sats \ 2 replies \ @Ge 21 Jun

Probably be worth alot more lol

reply
28 sats \ 1 reply \ @BlokchainB 21 Jun

Or less!

reply
73 sats \ 0 replies \ @Ge 21 Jun

Didn't think about it they got saved due to the bailouts of the companies 🤯

reply
6 sats \ 0 replies \ @denlillaapan OP 21 Jun

What do you mean? As in, the excess return around then was implicit backstopped by bailout money?

reply