To recover from the financial crisis, investment banks like Goldman Sachs (GS +0.70%) and Bank of America (BAC +0.96%) needed capital and credibility. They turned to Berkshire Hathaway(NYSE: BRK-B) for both, giving Warren Buffett incredible leverage to set the terms of his investments.
The Motley Fool's senior banking analyst, Matt Koppenheffer, was one of the many who attended Berkshire Hathaway's annual meeting last week. His unique and Foolish perspective of the event should be of interest to serious investors.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.