巴菲特观察:投GE运气差过高盛很多

标签:
巴菲特ge高盛股票 |
分类: 投资理财 |
巴菲特投资在GE上的30亿美元也有和投资在高盛上同样的奖励条款,即可以把贷款以每股22.25美元的价格换成GE股票,可惜在投资一周年之际,GE股价还在16美元徘徊。
不过只要GE不倒(这时看比一年前更不太可能发生了),巴菲特的每年10%贷款收益还是不差的。
下文来自CNBC:
Executive Producer
Warren Buffett's warrants to buy almost 135,000 General Electric common shares are still worthless, as they have been for almost the entire time since Berkshire Hathaway's $3 billion investment in the company was announced exactly one year ago today.
That's in sharp contrast to the Goldman Sachs deal Berkshire
made just a few days before the GE infusion.
The main element of both deals was Berkshire's multi-billion dollar loans to both Goldman ($5 billion) and GE ($3 billion), made near the height of the credit crisis last fall when it seemed that no company was immune from potential collapse.
Both loans, which came in the form of preferred stock purchases,
pay a guaranteed 10 percent a year.
http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/_Blogs/Warren_Buffett_Watch/_DAILY%20POSTS/Graphics/081006_wbw_ge_advertisement.jpg |
Fred LaSenna /
CNBC.com Illustration
Buffett's "celebrity-style" endorsements of General Electric
and Goldman Sachs, making last year's investments even more
valuable to the recipients during the troubled times, reminded us
of the old magazine ads in which a movie star or sports hero talks
about his or her devotion to a certain automobile or brand of soap
flakes.
|
But, in what Buffett has called a "bonus," Berkshire also got the right to buy a pre-set amount of common stock in each company at a pre-set price, within 5 years.
Berkshire has the right to buy 43,478,260 shares of Goldman at
$115 each, for a total price of $5 billion.
Goldman's stock has soared above the $115/share strike price, which means Berkshire would be getting a bargain if it exercised its right to buy.
http://media.cnbc.com/i/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__WARREN_BUFFETT/WBW_warrants_chart1.jpg |
GE, on the other hand, is trading today around $16, about 27
percent below the $22.25 strike price for those
warrants.