This post is a reprint of an article found in Business Times on 18th April and I find that it is a good article for sharing and also a possible way to invest to get a better returns on your capital!
Time to take a close look at warrants by Ven Sreenivasan which appear in Hock Lock Siew section of the Business Times - 18th April 2013
In 2008, shortly after Lehman Brothers collapsed, a scared Wall Street banking giant, Goldman Sachs, turned to the legendary Warren Buffett to shore up its capital and restore market confidence. Mr Buffett, the ever savvy investor, invested US$5 billion in Goldman's preferred stock and negotiated, as a sweetener, another 43.5 million Goldman warrants with five years to expiry
He redeemed the preferred shares in 2011. But Mr Buffett still holds the 43.5 million Goldman warrants. Marked to market, these warrants are ......