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Opinion on  Goldman Sachs Group Inc The (GS)     Sector: Financial  >  Industry: Investment Services
Buy Goldman Sachs

Aug 24, 2008 08:12 PM GMT
Warren_buffett
Return Risk
-9.46% HIGH
Associate

Goldman Sachs will be the beneficiary of all the fallout of Bear Stearns and Leman Brothers.  It trades at 7 p/e but has a growth rate of 15+ It has amazing opportunities in emerging markets. 


GS:  This call was made on 08/24/08 @ $158.59
Rating:   Positive   $158.59 (08/24/08)
Gain/Loss:   +3.60% in 468 days


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antoniod   N/A     0 point   commented 446 days ago reply

Bear Stearns looked great on paper for a while too. GS was the primary investor for New Century and then they bought Litton another subprime servicer. I have to beleive that they are over exposed also considering that New Century was the 2nd largest subprime lender. I don't think we are going to see their true losses for a while. Someone is going to catch them fixing the books.


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