- Warren Buffett plowed $3 billion into General Electric during the financial crisis, when the industrials giant's financing arm was suffering from the credit crunch.
- In exchange, Buffett received $3 billion in preferred stock paying a 10% annual dividend, plus warrants to buy $3 billion in common stock at a fixed price in the future.
- Buffett's Berkshire Hathaway raked in about $1.5 billion from the deal, but the famed investor revealed years later that he could have made more.
- "We actually didn't push it to the limit because there really wasn't anybody else around."
https://markets.businessinsider.com/news/stocks/warren-buffett-invested-3-billion-general-electric-ge-2008-crisis-2020-6-1029327040