Subject: Re: The good old days ...
One of the biggest advantages BRK has ever had was using float as a means to have access to cheap money to invest.
And during the GFC Buffett was pretty much the only guy who had money. The general sentiment snow seems to be he should have done more at the time, but he was able to buy preferreds of Wrigley, Goldman Sachs and General Electric at amazing rates. With interest rates at near zero it was like printing money.