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Don’t Miss: Why is Warren Buffett Hungry for Acquisitions?
Berkshire has invested more than $19 billion in the banking industry, an investment that Buffet feels good about: “The American banking system is in fine shape. The European system was gasping for air a few months back.”
With a $12 billion stake, Buffett is the largest shareholder of Wells Fargo (NYSE:WFC). Berkshire also holds a $2.2 billion stake in U.S. Bancorp (NYSE:USB) and gave a $5 billion infusion to Bank of America Corp. (NYSE:BAC) last year.
Don’t Miss: Warren Buffett and Charlie Munger Tag Team Gold.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.