You know what else was borderline genius? Goldman Sachs' "Sell" call on Heinz (HNZ). You might be saying, "But didn't Berkshire Hathaway acquire Heinz at a premium soon thereafter?" Well, yes, but before that happened, on February 10th, 2013, Goldman Sachs issued a report telling their clients to sell HNZ, and once again, I have a slight inkling, a suspicion if you will, that this atrociously wrong call benefitted Goldman Sachs.
Bill Shope, Goldman Sachs: Reiterates a Buy rating while slashing his price target to $760 from $810. “We believe Apple’s iPhone shipments and its commentary around supply improvements effectively eliminated a key short-term bear argument for the stock. We expect Apple to quickly regain some of its recent losses as a result.