Author Topic: Berkshire Hathaway to invest $400M into Home Capital (really)  (Read 841 times)

Mark Jr.

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CanadianMunger

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Re: Berkshire Hathaway to invest $400M into Home Capital (really)
« Reply #1 on: June 23, 2017, 10:09:50 AM »
This deal is peanuts for Berkshire.  He's just getting Berkshire's name out there for when one of the big 5 banks need capital.  Savvy, even in his old age :)

-CM
Go down and stay down when you get your first, second, or third severe reverse in the battle of life.  Because there is so much adversity out there, even for the lucky and wise, this will guarantee that, in due course, you will be permanently mired in misery.  -CTM

Mephistopheles

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Re: Berkshire Hathaway to invest $400M into Home Capital (really)
« Reply #2 on: June 23, 2017, 10:11:13 AM »
This deal is peanuts for Berkshire.  He's just getting Berkshire's name out there for when one of the big 5 banks need capital.  Savvy, even in his old age :)

-CM

Maybe he's testing a new strategy: is Berkshire's name powerful enough to draw in deposits? If so, this could be an incredible new business opportunity for BRK lol