Fri. Mar 1st, 2024

Wells Fargo Rally Highlights Warren Buffett’s Mistake in Selling Big Stake in Bank.
One of Warren Buffett’s worst investment moves in an otherwise fabulous career was Berkshire Hathaway‘s sale in 2020 of a big stake in Wells Fargo and two other large banks, JPMorgan Chase and Goldman Sachs Group.
Given the rally since then in those stocks, particularly Wells Fargo (ticker: WFC), Barron’s estimates that Berkshire Hathaway (BRK.A and BRK.B) has left about $15 billion on the table.
Wells Fargo Rally Highlights Warren Buffett’s Mistake in Selling Big Stake in Bank.
One of Warren Buffett’s worst investment moves in an otherwise fabulous career was Berkshire Hathaway‘s sale in 2020 of a big stake in Wells Fargo and two other large banks, JPMorgan Chase and Goldman Sachs Group.