Investing Blog

Goldman Sachs has little to stand on now. After falling below its absolute support at $60 per share the stock has little much than one more leg to stand on. Goldman is the same as every other investment bank in the business, it was just better at hiding its assets from the general public and the analysts prying through the books. Read more…

Stocks GS

Warren Buffett, the king of buying stocks in depressed markets has stepped up with $5 Billion to invest in Goldman Sachs. Buffett’s last big purchase of part of a financial institution came during similar economic turmoil when he purchased a hefty stake in American Express. Along with his $5 Billion purchase of preferred stock, the deal also gives Berkshire Hathaway the ability to buy an additional $5 Billion of common stock. Read more…

Investing GS, Warren Buffett