Banking On The Banks

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”

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”