Warren Buffett warned several years ago about a financial crisis like the one currently engulfing Wall Street. But now that it’s here, the investing wizard has decided he might as well profit from it.
The legendary investor’s Berkshire Hathaway (BRKA) is making a $3 billion investment in General Electric (GE). The deal was announced Oct. 1, one week after Buffett bet $5 billion on investment bank Goldman Sachs (GS).
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