Hutchinson’s Newsmax “How Warren Buffett made 12.5
by backoffice | March 21, 2016 8:31 pm
Billion dollars on a little known investment. If I’m correct I think he’s talking about Warrants. These are certificates that allow the holder to buy shares at a set dollar figure before a set expiration date. They can be very lucrative and in a lot of cases trade on their own depending on the market value of the stock. If anyone knows of a listing of warrants[1] and expiration dates without having to pay for it I’d appreciate it.
Endnotes:
- warrants: https://www.stockgumshoe.com/tag/warrants/
Source URL: https://www.stockgumshoe.com/2016/03/microblog-hutchinsons-newsmax-how-warren-buffett-made-12-5/
Warrants are much more common on the Canadian markets than here in the US, but there are some places where you can find listings.
http://canadianwarrants.com/values/current.htm
http://www.financialpost.com/markets/data/group-warrants.html
You can search for the word “warrants” on the NYSE or Nasdaq sites, but there aren’t free listings that I’m aware of — there are a few folks who have done the work and created databases of warrants that they’ll sell you (or sell access to).