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  • The recession’s biggest winner: Warren Buffet made an astonishing $10 billion from financial crisis

    10/07/2013 3:04:34 PM PDT · by Olog-hai · 10 replies
    Daily Mail (UK) ^ | 15:40 EST, 7 October 2013 | (Daily Mail Reporter)
    For many, it was a period of financial turmoil as banks failed, stock markets tumbled and millions lost their jobs. However, billionaire Warren Buffett kept on doing what he does best and began investing in a handful of blue-chip companies during the financial crisis. Five years on and the value of those deals are clear for all to see, America’s second-richest man earning another $10 billion thanks to his choice investments. … The fall of 2008, when the market was shaky and confidence was low, a number of stocks of companies that had decent reputations were at record lows, including...