Warren Buffett’s Letter to Hank Paulson

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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.

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Full letter below.

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[Exclusive] ExodusPoint Is In The Green YTD Led By Rates And EM/ Macro Strategies

Invest ESG Leon CoopermanThe ExodusPoint Partners International Fund returned 0.36% for May, bringing its year-to-date return to 3.31% in a year that's been particularly challenging for most hedge funds, pushing many into the red. Macroeconomic factors continued to weigh on the market, resulting in significant intra-month volatility for May, although risk assets generally ended the month flat. Macro Read More

H/T http://pragcap.com/

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