Why Warren Buffett is making the wrong move on Bank of America: Investor

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  • Опубликовано: 28 окт 2024

Комментарии • 310

  • @billybadass8690
    @billybadass8690 4 года назад +238

    Everytime people say Buffett has lost his touch, he proves them wrong.

    • @santiagograciano8402
      @santiagograciano8402 4 года назад +12

      They never learn

    • @mawdervaart
      @mawdervaart 4 года назад +5

      There will be a rotation in flows very soon from tech to value/income stocks.. It's always been the case, i'm not saying there will be a crash in tech stocks, but it will deflate, BAC and the likes will see a surge.

    • @gilboman
      @gilboman 4 года назад +2

      He hasn't proven anyone wrong in over a decade. He's just proven others right for a decade

    • @xChemistryFTWx
      @xChemistryFTWx 4 года назад +1

      Yep. Time to buy some BAC

    • @xChemistryFTWx
      @xChemistryFTWx 4 года назад

      @@mawdervaart the Great Tech Rotation awaits

  • @InvestorCenter
    @InvestorCenter 4 года назад +33

    Buffett does not care what any of these people have to say

  • @hughjazz8416
    @hughjazz8416 4 года назад +105

    I love how all the robinhood day traders with $50 in their account now seem to know more about investing than the oracle of Omaha.

    • @gilboman
      @gilboman 4 года назад +2

      Well the Oracle has not even been able to match the index for a decade and got taken to the cleaners for his stake in Occidental, airlines and etc

    • @andytan911
      @andytan911 4 года назад +9

      gilboman and your think these clowns will do better than WB?

    • @gilboman
      @gilboman 4 года назад +2

      @@andytan911 well any "clown" who just invested in an index etf will have easily beaten him and like it or not, the clowns run the market now and are up huge because Warren doesn't do tech stocks other than AAPL. But when anyone who just invested in an index etf can easily beat his return over last decade, he's clearly lost it especially with whole avoid tech mentality

    • @andytan911
      @andytan911 4 года назад +9

      gilboman having USD 10,000 in your pocket is way easier to beat the index as compared to having hundreds of billions
      If you don’t understand this, you don’t know fund management.

    • @gilboman
      @gilboman 4 года назад

      @@andytan911 so goal of fund management is to underperform overall market for over a decade?

  • @darrenprior6339
    @darrenprior6339 4 года назад +36

    I love it when they say Buffett is nuts. Said the same thing when he went large on Apple. How'd that go?

  • @tex168
    @tex168 4 года назад +71

    These guys want to sound like a genius betting against WB.

    • @harveyrustandi6846
      @harveyrustandi6846 4 года назад +3

      Well its a great trade off in my opinion, if they're right they can gloat and maybe increase their salary, if they're wrong no one will remember their name anyway

  • @markcrawford2
    @markcrawford2 4 года назад +135

    imagine challenging a man who has made billions in the stock market on a salary of under 250k a year..... LMAO

  • @user-fx5sw4jy7hYz9Hzi
    @user-fx5sw4jy7hYz9Hzi 4 года назад +52

    Buffet is buying for 10 years after he's dead. These guys are talking about next year.

  • @apilniraula9958
    @apilniraula9958 4 года назад +10

    Even pre-covid, Buffet was buying more Bank of America...and SELLING WELLS FARGO!!! He requested approval to own 25% of BoA. Maybe customer exposure is what buffet wants and sees potential in. BOFA has the most exposure to customers.

  • @theintelligentinvestor-per5790
    @theintelligentinvestor-per5790 4 года назад +28

    Guess what? Mr. Buffet does not care. He knows what he's doing.

    • @user-fx5sw4jy7hYz9Hzi
      @user-fx5sw4jy7hYz9Hzi 4 года назад +3

      He investing for 10 years after he's dead. These guys are talking about next year.

  • @merevial
    @merevial 4 года назад +26

    Why are ya'll following his lead? He's an influential investor with hundreds of billions to manage. If he moves into any company smaller than 50 billion it will destroy the value before he can take his position.
    He's not looking for growth like you or I can. He's looking for long term sustainable return.

    • @granthoffman6900
      @granthoffman6900 4 года назад +3

      Why do people follow his lead, You just answered your own question, long term sustainable return

  • @ocvegasproperty
    @ocvegasproperty 4 года назад +62

    Hilarious. Like telling Michael Jordan not to take the winning shot that he thinks is best.

    • @brandonreed09
      @brandonreed09 4 года назад +1

      ikr! Delta Airlines is back to nearly the same price that Buffet sold at. It's not a good long term bet.

    • @hseas3793
      @hseas3793 4 года назад

      Jordan always caveats it with how many games he's lost taking the winning shot

  • @jasonlandonai6670
    @jasonlandonai6670 4 года назад +22

    When bank of America becomes the first US bank to roll out legit insured crypto services to the public and adopts the distributed ledger technology it will be quite apparent why Mr. Buffett decided to put so many clams on this one.

    • @dpolitz4
      @dpolitz4 4 года назад +1

      Nailed it!

    • @workwithearl
      @workwithearl 4 года назад +3

      Wizard. You know more then these clueless talking heads.

    • @Fat_Vegan
      @Fat_Vegan 4 года назад +3

      Exactly. It’s all right in the news. These fools can’t connect the dots..

    • @mccorrect3470
      @mccorrect3470 4 года назад +2

      Youre the only one who understands lol

  • @richardthomas1531
    @richardthomas1531 4 года назад +4

    Why would anyone question the Genius of Buffet who once said ,His definition of sound financial planning is The Check Bounces to the Undertaker. BRILLIANT!

  • @gateway1739
    @gateway1739 4 года назад +11

    It’s a brave man that bets against Warren Buffett. When he’s this aggressive with a stock, he’s rarely wrong.

    • @yilmazkurt8584
      @yilmazkurt8584 4 года назад

      Warren Buffett is a very smart man with money. He always makes decisions at least 10 years and more. He made an investment for BAC in 2011 about $5 billion and got a deal $7.14 per share. His top three APPL and BAC and KO. Please remember the year 2009, BAC was only $2.53 per share. BAC sooner or later will be $35 and more. He always supports banks. If you have that much money, you always need to support Banks. No Banks No new Invester means No new Business. He literally lifted the BAC from the ground on their foot again like his father does.

  • @CryptoMike747
    @CryptoMike747 4 года назад +5

    Connect the dots stupid... Brian Brooks announced 12 days ago that banks would be custodying crypto and Buffett starts buying BOA stocks, (they have a partnership with Ripple). Buy BOA, Ripple shares, and XRP.

  • @BB-sf7jv
    @BB-sf7jv 4 года назад +11

    Whatever these folks say only listen to Warren Buffett....the rest of it like the guy who is recommending jpm and wfc is just background noise

  • @astralpx
    @astralpx 4 года назад +11

    They have the most blockchain patents. Get ready for central bank digital currency. BofA already handles all the stimulus card transactions . Seems like a wise move...and lets face it he has inside info.

  • @deyashalash7976
    @deyashalash7976 4 года назад +15

    All banks stocks are on sell he’s a genius

    • @gilboman
      @gilboman 4 года назад +2

      He should buy cruiselines then

    • @mannyb332211
      @mannyb332211 4 года назад +4

      He lost big on airlines. Robinhood investors beat him at that. Yes he's proven to be a genius back in the day but you can't deny he's lost his touch. He's only human

    • @user-ql3ws5uz1d
      @user-ql3ws5uz1d 4 года назад +8

      @@mannyb332211 don't think if I've heard anything dumber than this

    • @mannyb332211
      @mannyb332211 4 года назад +1

      T all of what I said is true. Didn't he sell airlines for a loss? Didn't robinhood investors make big money on airline stocks?

    • @ArjunSingh-so8vl
      @ArjunSingh-so8vl 4 года назад +4

      @@mannyb332211 So what ? He always says that it doesnt bother him whether the stock is up or down, the moment he sees a change in the fundamentals of a business he will sell it if he doesnt like the change. In case of airlines no one really knows when will they go back to the way they ones were. There is a saying about what should one do to become a millionare? He should start as a billionare and own airline stocks to become a millionare

  • @mbaker8492
    @mbaker8492 4 года назад +4

    BAC might be a good buy, but BRK has a deal regarding BAC stock that's in effect until Sept. 2, 2021.
    In his 2016 shareholder letter, he said, "Excluded from the table - but important - is our ownership of $5 billion of preferred stock issued by Bank of America. This stock, which pays us $300 million per year, also carries with it a valuable warrant allowing Berkshire to purchase 700 million common shares of Bank of America for $5 billion at any time before September 2, 2021. At yearend, that privilege would have delivered us a profit of $10.5 billion. If it wishes, Berkshire can use its preferred shares to satisfy the $5 billion cost of exercising the warrant.
    If the dividend rate on Bank of America common stock - now 30 cents annually - should rise above 44 cents before 2021, we would anticipate making a cashless exchange of our preferred into common" (pigs 19-20).
    I believe the annual dividend is now 72¢, so is Buffett buying BAC or just exercising this particular option now for a "cashless exchange"?

  • @LTBL444
    @LTBL444 4 года назад +8

    My guess is he did the valuation and has no issues paying that price. Its buffet

    • @mannyb332211
      @mannyb332211 4 года назад +1

      Sadly even tho he's right, he might not be able to see the fruitions of his investment.

  • @MrDanijel989
    @MrDanijel989 4 года назад +11

    Make Bank of America great again 🏦🏦🚀🚀🚀

  • @ErikS-
    @ErikS- 4 года назад +7

    1:52 “might as well buy wells fargo”
    He clearly does NOT understand it.

  • @jimJim-
    @jimJim- 3 года назад +3

    Who's here now that Warrens investment has had a 100% return

  • @mrpmj00
    @mrpmj00 4 года назад +2

    I bought Facebook, Microsoft, Apple, Google, Adobe, Alteryx, Wells Fargo, Twitter.
    TRUST THE PROCESS. The stock market goes up in the long term because it takes 2 steps forward for every 1 step backward.
    Cash is trash, it loses to inflation.

  • @MrLRowe1
    @MrLRowe1 4 года назад +12

    The unemployment money goes through them that should tell you how long we may need unemployment don't forget stimulus money

  • @JoaoSilva22222
    @JoaoSilva22222 3 года назад +1

    He invested 5 billion and made 20...how come he made the wrong move??
    "Wall Street is the only place where people who ride limos get advised by people who ride trains."
    Warren Buffet.

  • @rubaba7999
    @rubaba7999 4 года назад +1

    Since the time Buffet bought his first share of BAC in Aug 2011, he has received $19.89 billion in capital gains, plus $1.65 billion in preferred dividends, plus $1.21 billion in common dividends -- for a total of $22.75 billion on a $12.56 billion investment made incrementally representing a total gain of 181% in just eight years. just thought I'd share...

  • @georgemaximus694
    @georgemaximus694 4 года назад +7

    Basically in summary, Buffett has been buying BoA for 12 straight days and no one knows why.

  • @zoultronzoultron9723
    @zoultronzoultron9723 4 года назад +3

    He will win just from dividend alone.

  • @user-pc7ef5sb6x
    @user-pc7ef5sb6x 4 года назад +10

    _Cash is trash_. Convert it to stocks, real estate and gold&silver

  • @hydranth
    @hydranth 4 года назад +3

    Billionaire makes a move and bunch of poor people talk about how he is wrong 🤦🏻‍♂️

  • @VP-wt5dv
    @VP-wt5dv 4 года назад +5

    The fact that this guy is referred to as “investor” just shows you how much weight he holds. Nada.

  • @WLyons9856
    @WLyons9856 3 года назад +3

    Damn it’s only gone up 40% since this time.

  • @id10t98
    @id10t98 4 года назад +1

    50% upside in 12-16 months on BAC, it's a $35 stock. Collect divy while you wait. I was hoping for buying at $20-23 but it doesnt look like Buffet will let that happen.

  • @BG1975sh
    @BG1975sh 4 года назад +2

    He is genius - he knows better

  • @syphwarrior
    @syphwarrior 4 года назад +1

    Buffet knows something many don't...

  • @udarpavarota396
    @udarpavarota396 2 года назад

    He is right. JPM is the best bank. With the permission of the Bank of China, that is.
    Also clarify that 'it was the wrong move' by Buffett meaning that Wells Fargo was the most undervalued of them all. Not that investing in Bank of America is a bad move.

  • @autowealthlife
    @autowealthlife 4 года назад +23

    lol are you worth 80 billion dollars?

    • @mannyb332211
      @mannyb332211 4 года назад +1

      No. Are you?

    • @yubunzkurz3736
      @yubunzkurz3736 4 года назад

      @@mannyb332211 probably not, but Buffett does.

    • @yilmazkurt8584
      @yilmazkurt8584 4 года назад

      @@dustyhistory He meant Buffett does run a business which creates $10 billion TTM Net Income every year to sustain his worth of $80 billion.

  • @MrHanSoL0
    @MrHanSoL0 4 года назад +2

    How is this the wrong move? Isn't BOA adopting XRP/Ripple digital currency in the near future?

  • @JohnWick-ry7xt
    @JohnWick-ry7xt 4 года назад +1

    He’s never wrong in that what he’s doing, only “wrong” thing was that he didn’t buy amazon as I remember.

  • @dabeast13ify
    @dabeast13ify 4 года назад +6

    I was at a bank of America yesterday. The drive thru was closed and there was a line out the door. I waited over an hour for what could've taken minutes in a drive thru. I would never invest in this bank solely based off that experience. I felt like I was in Venezuela waiting on a long line at a bank!

    • @InsuperableMany
      @InsuperableMany 4 года назад +1

      At least it was open, chase was completely closed.

    • @Kushert
      @Kushert 4 года назад +3

      That should tell you business is booming

    • @Chrisinsocal
      @Chrisinsocal 4 года назад +2

      Get ready for the future . Bank of America has a massive footprint and they are geared toward only profitable interactions with clients moving forward. They are beginning to dominate in digital and are rolling out very profitable investment and lending product lines for “well qualified “ individuals lol 😉

    • @InsuperableMany
      @InsuperableMany 4 года назад +1

      @@Chrisinsocal definitely have the best online banking of the bunch.

    • @dabeast13ify
      @dabeast13ify 4 года назад

      @@Chrisinsocal By all means I believe you. But based on that service/experience alone. I have been weary about it. Not to mention half of the Bank of americas are closed in my area (North Virginia)

  • @diseasefire
    @diseasefire 3 года назад +1

    Hello i come from the future (May 2021). Buffett was right as always and Bank of America almost doubled in market value

  • @ImBananas4
    @ImBananas4 4 года назад +2

    Buffet spent most of his life watching tech stocks going up and he did nothing.
    Somehow he is the best investor ever!

    • @ImBananas4
      @ImBananas4 4 года назад

      @Arya Lhasa Which he aquired in 2016. it took him ~16 years to accept tech is a good investment

  • @sneakyquick
    @sneakyquick 4 года назад +1

    I know who Warren buffet is, I don't know who these people are. He always buys at the lowest times he's smart.

  • @JeffLaRochelle
    @JeffLaRochelle 4 года назад +6

    These money managers are timing the market, hoping for quick return this year. Sometimes it works, and sometimes it doesn't.
    Buffett's time horizon is well after he's alive. He waited 30 years to buy Coke, and he prefers to hold his investments for life. And consequently, Buffett has done better over time.

  • @jonas10x
    @jonas10x 4 года назад +5

    Buffett doesnt have the best track record with some of his tech moves eg intel and IBM.
    He's lost money on energy with Exxon and Phillips 66.
    But he is never wrong with banks. Buffett knows banks better than any bank ceo.

    • @大笨象-f2m
      @大笨象-f2m 4 года назад +1

      indeed during the time 2008 and all those bankers fed chairman called buffett to ask his idea on insurance and bank company

  • @brandonreed09
    @brandonreed09 4 года назад

    The difference is that BofA just crossed above the 20 day moving average on the weekly time frame about 1 week ago. Buffet is a long term investor and would likely look at signs further out like that, even if he doesn't look directly at moving averages. Wells Fargo and JP Morgan Chase have not crossed their 20 day Moving Averages on the Weekly time frame. They all have ATH's at about 40% above their current levels. If Buffet was going to choose one it makes perfect sense that he would choose BofA right now.

  • @rameshsingla6875
    @rameshsingla6875 4 года назад +1

    Never,.
    Don't mind please

  • @rocky7232
    @rocky7232 4 года назад +5

    Nobody is mentioning BOA handles all unemployment accounts, disability, food stamps, etc...

  • @Tonyrg1988
    @Tonyrg1988 4 года назад +2

    warren buffet is simply investing where others arent, if everyone were to follow what he does then it wouldnt matter for everyone else as much since he was already there first.

  • @charlesbarrett6565
    @charlesbarrett6565 3 года назад +2

    Looks like Buffett is right again. BAC at $40

  • @reneel2441
    @reneel2441 4 года назад +4

    He can do whatever he wants its a free country

  • @immyownpresident
    @immyownpresident 4 года назад +4

    “Never bet against America”-WB

  • @SirePip
    @SirePip 4 года назад +2

    I saw the title and was like "these people fail to see beyond 4 Quarters. The aim is LONG TERM people

  • @stardestroyer44
    @stardestroyer44 4 года назад +4

    here is how you should interpret this trade since these so-called experts don't like to be straightforward.
    it is a great trade if you are a long term investor ie 5-10 years. that's what warren does; he's a value investor in for the long haul. if you want some yield in the short term, then this is not the trade for you. go gamble on tech on utilities tbh.

    • @mannyb332211
      @mannyb332211 4 года назад

      I agree. Sadly the probability of Buffet seeing his invest come to fruition is slim

  • @obijuan3004
    @obijuan3004 4 года назад

    I would not buy Wells Fargo with your money, won’t put money in their bank, won’t apply for a loan. Buffett does his homework. Buffett is saying in the long run BAC is a bargain.

  • @gregwithoutdiabetes7874
    @gregwithoutdiabetes7874 4 года назад +1

    Big banks are a fixed business.

  • @blanket1309
    @blanket1309 4 года назад +6

    Double speak - stocks are looking forward they say but bank stocks are not! These clowns have no clue

  • @marcosmimenza
    @marcosmimenza 4 года назад +3

    Warren finally got it right!

  • @philippluklas
    @philippluklas 3 года назад +1

    One year later, the stock has doubled

  • @kkim1177
    @kkim1177 3 года назад

    Yes... hes correct... wellsfargo has higher IRR even at price as high as $31. IRR on B of A at price of $28+ may not be worth it... but its b of a...how can I not get in?
    Recent report shows top investors buys were
    #1 wellsfargo
    #4 b of a

  • @genjimonogatari6156
    @genjimonogatari6156 4 года назад +1

    All of this still depends on the type of investor you are. We can’t listen to everyone one. Bottom line is understand how Buffett is looking at this. I put my trust in him over anyone else!! If we can do just 00.1% of what he has accomplished where would we be??

  • @michaelhamilton-piercy6703
    @michaelhamilton-piercy6703 4 года назад +8

    If interest rates rise, the economy will be choked because everyone lives on credit...

  • @jmtake85
    @jmtake85 4 года назад +4

    lol i'm long bac at 22.5x I will keep buying at and I alredy sold my amzn at 32xx which cnbc tell me to long amzn

  • @nguy0146
    @nguy0146 4 года назад +2

    These people just talk. They said Buffet is wrong. Blah blah blah. None of them are richer or even on the Buffet wealth level.

  • @Flair.forever
    @Flair.forever 4 года назад +7

    Buffet got more Money than all of ya’ll

  • @独孤求注
    @独孤求注 4 года назад +1

    He might seem wrong at short term(days or weeks), but right for forever term....

  • @evanmcdonnal
    @evanmcdonnal 4 года назад +1

    Way over emphasizing the 12 straight days thing. When you're Berkshire and you're purchasing on that scale you're probably not going to do it all in one trade. They're long term holders anyway so buying the repeated buying is pretty irrelevant, only thing that's really relevant to others is their position size relative to other holdings imo.

    • @tomzablee
      @tomzablee 4 года назад +1

      Absolutely correct, ridiculous that he didnt even realise that

    • @rubyoro0
      @rubyoro0 4 года назад

      Yup

  • @jacquesmassard9226
    @jacquesmassard9226 3 года назад +1

    8 months later it's up 40% good job

  • @lee58901
    @lee58901 4 года назад

    I totally agree, but equities and credit face huge exposure. With credit you face issues on risky loans & problems with refis rebound when interest rates uptick. With Equities, you see artificial alpha through the FEDS expansion of their balance sheet which will soften in a few months due to the deterioration of unemployment benefits. As Goldman Sachs pointed out if their is an uptick in cases/fatality rate in the fall market confidence erodes and credit spreads widen.

  • @k1ng_F1
    @k1ng_F1 4 года назад +1

    guys on TV lecturing Warren

  • @stanblade7942
    @stanblade7942 4 года назад

    What was "12 strait days" had anything to do with buying BAC? What if had Buffett used 6 days instead or 18 days???

  • @hoodjyrome3030
    @hoodjyrome3030 3 года назад +2

    How about now stock has doubled

  • @todorvelikov
    @todorvelikov 4 года назад +3

    Buffet buy and hold for 20 years

  • @vcash1112
    @vcash1112 4 года назад +3

    Brazilian banks look cheap BBD * ITUB

  • @2easy007
    @2easy007 4 года назад +1

    Isn’t he richer than all of them put together?

  • @remixesfordjs8198
    @remixesfordjs8198 3 года назад +1

    He can always re buy them back later.

  • @jimle8444
    @jimle8444 4 года назад +2

    Warren invests for the long term. Much more difficult to determine looking at the short term

  • @ArtEmis55K
    @ArtEmis55K 4 года назад

    A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.

  • @guy0784
    @guy0784 4 года назад +1

    They are only betting against buffet because they have holdings in the other banks.

  • @glenroyhanley7290
    @glenroyhanley7290 4 года назад +1

    Good and stimulating move .

  • @yurigadaisukida4457
    @yurigadaisukida4457 4 года назад +9

    i hate bank of america and im closing my account. horrible company. horrible customer service. i guess i dont speak for everyone though

    • @spadescraze1189
      @spadescraze1189 4 года назад

      They ripped a lot of innocent hard working blue collar workers off around 2006 and so.

    • @Chrisinsocal
      @Chrisinsocal 4 года назад +1

      Largest bank by bank only assets (second to J.P. Morgan if you include investments )

  • @rickg.4698
    @rickg.4698 4 года назад

    Mr.Buffet is making the right call on BOA and Au purchase. He should have done so a few weeks earlier to have an even stronger position. Peace

  • @shanecoble1325
    @shanecoble1325 4 года назад +1

    Haha. These people judging Buffets decisions.
    On a separate note. Interest rates have to go up, when the inflation starts from the Fed's endless printing. Maybe not next year, but the debt must be paid. How do you pay debt, raise interest rates.

  • @k.c.wingert7179
    @k.c.wingert7179 Год назад

    Good call on interest rates being low for a very very long time Steve Weiss!

  • @phukit5456
    @phukit5456 4 года назад

    Buffett is still investing for his golden years.

  • @Regulus3333
    @Regulus3333 4 года назад +2

    goldman sachs as well....i just dont see it

    • @dpolitz4
      @dpolitz4 4 года назад +1

      Google 'Ripple Bank of America'. Connect the dots. I thought it was all a conspiracy as well until the OCC announcement two weeks ago. Game changer.

    • @Fat_Vegan
      @Fat_Vegan 4 года назад +1

      dpolitz4 don’t let em in on the secret lol

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    @joljob6243 4 года назад +6

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      @joljob6243 4 года назад

      + 3 1 6 2 2 7 3 9 4 6 4

    • @nattwilson1586
      @nattwilson1586 4 года назад

      Who is he? I wanna invest with him I have been hearing a lot of reviews about him too Can I have is contact email address or WhatsApp number

    • @alexanderabraham4776
      @alexanderabraham4776 4 года назад

      Mr Philip Mason is the best trader I have invested with I actually started with $4900

    • @melodyjoshua1993
      @melodyjoshua1993 4 года назад

      Mr Philip is a well known man here in UK, he has managed accounts for several people I know, I just made over 12k

    • @lewismason9188
      @lewismason9188 4 года назад

      I`m so so happy for making up to $9000 with and with an investment of $700. you made my month beautiful. Philip is a genius and reliable man

  • @babybruce8256
    @babybruce8256 4 года назад

    Low interest rates? It’s a back worth hundreds of billions I disagree respectfully. BofA is good

  • @taindraneupane3549
    @taindraneupane3549 4 года назад +3

    legend identifies the great value based on great fundamentals....but so called investors go for hype or heard mentality I think!

  • @brunomanco7529
    @brunomanco7529 4 года назад

    The reason is controling the company, not buying it at the best price possible

  • @Chrisinsocal
    @Chrisinsocal 4 года назад

    I have been stacking gold and silver for years, and now is going to be their time to shine. The amount of currency flooding the system is going to explode prices and could destroy the value of the dollar.

  • @dannypowers4995
    @dannypowers4995 5 месяцев назад

    As long as BAC keeps buying back shares Buffett will be just fine.

  • @johnnyvalencia7658
    @johnnyvalencia7658 4 года назад +1

    Xrp=bank of America

  • @angusm9419
    @angusm9419 4 года назад

    What's wrong with Bank of New York Mellon...USB?

  • @rameshsingla6875
    @rameshsingla6875 4 года назад +1

    That's clear
    Maybe success plans

  • @mungekarhardik
    @mungekarhardik 4 года назад

    Well buffet buys forever, so all these short term analysis really doesn't matter for long time.
    I would like to see these analysts portfolio performance.

  • @ga1226
    @ga1226 4 года назад +1

    2:25 " is now the time to get in as Buffet is doing even if it's a little bit early?"
    How cool... Early? I bought a lot of JPM back in March at much better prices looking at it as a turn around play for the long term. My only banking exposure the other mix being with AXP.

  • @psktabi
    @psktabi 4 года назад

    the market cycle is starting. ripple currently owns the 3rd most popular cryptocurrency and their mission objective is to facilitate a means of transferring money INSTANTLY to any place on the face of the planet at a very low cost. and i wonder which bank has been at the forefront of ripple integration? lets just say that buffet's mental acuity has not waned

  • @sandorski56
    @sandorski56 4 года назад +1

    Buy Low, Sell High