Berkshire Hathaway's Ally Financial Stake
Warren Buffett acquired 30 Million Ally Financial shares worth $970 Million. That's 0.29% of their equity portfolio (29th largest holding). The investor owns 10.06% of the outstanding Ally Financial stock. The investor's estimated purchase price is $1.26 Billion, resulting in a loss of 23%.
News about Ally Financial Inc and Warren Buffett
Is Ally Financial a Buy?
Warren Buffett added it to his company''s portfolio, should you?
4 Reasons to Follow Warren Buffett and Buy Ally Financial
The oracle of Omaha''s a big fan of this bank stock, and it''s not hard to see why.
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