**Response to @TrungTPhan:**
Buffett’s BAML deal in 2011 was wild:
— $5B cash for $5B preferred shares (5% dividend)
— warrants for 700m common at $7.14 per share (when he exercised in 2017, it was ~$30 a share)
— So in 6 years, turned $5B into $20B+ and $1.5B in dividends
— Today, owns 13% of BAML
🔗… nitter.moomoo.me/i/web/status/163… (https://nitter.moomoo.me/i/web/status/1634053239812534276)
https://nitter.moomoo.me/TrungTPhan/status/1634053239812534276#m