Berkshire Hathaway run by Warren Buffet is betting big on banks right now, especially on Bank of America (BAC). Regulators have recently approved Berkshire to acquire up to 25% of Bank of America. Since then Berkshire has spent 2.1 billion for 85.2 Million shares bringing their current holdings of BAC to 11.9%. Bank of AmericaContinue reading “Banking On The Banks”
Tag Archives: BankofAmerica
The King of Buying and Holding
$100 invested in this company in 1965 is worth $1,357,575 today. To compare a $100 invested in the S&P index in 1965 is worth $18,322 today. This company has averaged a 20% return since 1965 about doubling the S&P 500. Still don’t know who I’m talking about? If you live in Alberta there is anContinue reading “The King of Buying and Holding”
