Longterm Investing
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Revealed: Why Buffett Turned Lehman Down
http://www.fool.com/investing/general/2010/03/15/revealed-why-buffett-turned-lehman-down.aspx
Why I invested on MBI and ABK despite so much skeptics? The reason is that both management teams from MBI and ABK made significant investment in their own firms using their own money, the thing that even most rich Americans lack: CASH.
Why I invested heavily on FMD? Besides its huge cash pile, the current CEO of FMD works for FMD for nothing other than millions of options priced at $4, $8, $12. He is also the original founder of FMD. I love original founders working for me on the business he/she know inside out.
http://www.fool.com/investing/general/2010/03/15/revealed-why-buffett-turned-lehman-down.aspx
Why I invested on MBI and ABK despite so much skeptics? The reason is that both management teams from MBI and ABK made significant investment in their own firms using their own money, the thing that even most rich Americans lack: CASH.
Why I invested heavily on FMD? Besides its huge cash pile, the current CEO of FMD works for FMD for nothing other than millions of options priced at $4, $8, $12. He is also the original founder of FMD. I love original founders working for me on the business he/she know inside out.
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