Berkshire Hathaway's Bank Of America Stake
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.
News about Bank Of America Corp. and Warren Buffett
Warren Buffett: Dumb Behavior Creates Investing Opportunity
Buffett is one of the most renowned value investors. His holding company, Berkshire Hathaway, owns businesses in areas like railroads, energy and insurance, ...
Warren Buffett likes this one bank stock as the rolling crisis persists
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.
Biden In Touch With Buffett On Bank Crisis
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...
After A Tumultuous Q3, Warren Buffett Holds Onto 2 High Yielding Defensive Stocks
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: ...