Breakingviews on Twitter
Search League Tables

Sunday, 26 June 2016

Warren Buffett embraces the 100 pct strategy

Giving 100 percent

Berkshire Hathaway’s bid for bankrupt ResCap is a bet of sorts on a rebound for U.S. housing and the ailing 99 pct. Buffett is also long the 1 pct, spending $10 bln on luxury jets. And the record bid for his charity auction lunch is a fresh sign he can bridge the two groups.

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)