Warren Buffett tells shareholders that "I would love to buy all of US Bancorp or I would love to buy all of Wells Fargo, if we were allowed to do it."
Buffett says they're making a lot of money and have strong earnings power, in contrast to a company like Chrysler.
Buffett again singled out Wells Fargo for particular praise, calling it a "fabulous" bank that "will be a lot better off in a couple of years than if none of this had happened."
Recalling that Wells shares fell below $9 earlier in the year, he said at that price, "If I had put all my net worth in one stock, that would be the stock."
Buffett Would like to Buy All of These 2 Banks
![Buffett Would like to Buy All of These 2 Banks]()
Reviewed by Pisstol Aer
Published :
Rating : 4.5
Published :
Rating : 4.5