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Originally Posted by Saul Good
Warren Buffet operates his businesses with cash. I think you will agree that he has done pretty well for himself.
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Not exactly, they'll use loans to their advantage. Which is what a few of us are trying to say here. You CAN use loans to your advantage. You just have to be smart about it.
http://www.investortrip.com/why-is-w...-stock-shares/
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Originally Posted by article
Berkshire uses it impressive credit rating to borrow money at the best rates while other companies struggle to find financing.
Berkshire created money out of thin air by borrowing tons of money at cheap rates then turning around to loaning it out to companies who were extremely desperate for short term financing. In fact, Buffett loaned money to General Electric, Goldman Sachs, and Tiffany Co. to name a few. If you step on Buffett’s cash cow, then he will sell your ass down the river.
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