Breakingviews on Twitter
Search League Tables

Thursday, 26 May 2016

Buffett may struggle to repeat his Swiss Re exit

Last in, first out

The Sage of Omaha has given the Swiss insurer a slight discount when buying back expensive convertible stock, thereby boosting the value of his ordinary shares. Goldman Sachs and GE may seek similar deals on their crisis investments. But Buffett has less scope to be generous.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)