This is the letter that Warren Buffett sent to Hank Paulson in 2008 right around the time TARP was passed. Buffett suggested his own proposal, and promised to invest $200m of his own money in the fund, which Buffett suggests.
Full letter below.
Here’s what Charlie Munger had to say at the Daily Journal meeting
Charlie Munger spoke at the Daily Journal Corporation's Annual Meeting of Shareholders today. Although Warren Buffett is the more well-known Berkshire Hathaway chief, Munger has been at his side through much of his investing career. Q4 2020 hedge fund letters, conferences and more Charlie Munger's speech at the Daily Journal meeting was live-streamed on Yahoo Read More