We havent had any purchase news from Buffett for a while but we got some recently with Buffett Sinking in money to Harley Davidson to the tune of 300 mil in USD bond purchase that pays 15% interest. Holy Cow, wish i can have that interest rate!(although i know our singapore REITS pays that)
New York: Once again coming to the rescue of American corporate, billionaire investor Warren Buffett will be buying USD 300 million worth Harley-Davidson bonds, which will help the bike manufacturer improve its cash position.
For the December quarter, the bike manufacturer had reported a 58 per cent decline in profits at 77.8 million dollars as compared to the year-ago period.
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