Warren Buffett poured $3 billion into Dow Chemical during the financial crisis. Here’s the story of how he helped the manufacturing titan – and doubled his money.
Warren Buffett invested a vital $3 billion in Dow Chemical at the height of the financial crisis.
In return, Berkshire Hathaway received preferred stock paying a yearly dividend of 8.5%.
Buffett’s company ultimately made an estimated $3 billion profit from stock sales and dividends.
Warren Buffett poured $3 billion into Dow Chemical in the depths of the financial crisis, helping the manufacturer to complete an acquisition at a time when investors,…