Warren Buffett's position in Bank Of America is currently worth $28.7 Billion. That's 8.63% of their entire equity portfolio (2nd largest holding). The investor owns 12.96% of the outstanding Bank Of America stock. The first Bank Of America trade was made in Q2 2007. Since then Warren Buffett bought shares twelve more times and sold shares on five occasions. The stake costed the investor $26.7 Billion, netting the investor a gain of 7.3% so far.
Buffett is one of the most renowned value investors. His holding company, Berkshire Hathaway, owns businesses in areas like railroads, energy and insurance, ...Value Investing News, 27 days ago
Warren Buffett gives a thumbs up on Bank of America stock even as Berkshire has pared back its investments in the financial sector in the last few years.Yahoo Finance, 30 days ago
Biden In Touch With Buffett On Bank Crisis What do you call it when an 80-year-old seeks the advice of a 92-year-old? Answer: the worst financial crisis sinc...Zero Hedge, 3 months ago
Warren Buffett , one of the most prolific Wall Street investors, is the fifth wealthiest in the world. The CEO and founder of Berkshire Hathaway Inc. (NYSE: ...Benzinga, 7 months ago