This is Why Buffett Sold (ALMOST) All His Bank Stock

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  • Опубликовано: 13 июл 2024
  • Warren Buffet is one of the most Influential investors in the world and recently a new Warren Buffet interview with CNBC came out where Buffet Explains why he sold almost all his bank stock over the last 2 years, what he thinks is the solutions for the bank’s mismanagement of assets, why the average depositor should not be worried about losing their money and how he is investing in a recession.
    Here is the breakdown:
    0:00 Intro
    0:30 The Bank’s Accounting Tricks
    2:18 The Banks hiding their losses
    3:08 Why Buffett Sold Bank Stock
    4:24 You Shouldn’t be Worried
    5:29 The Million Dollar Bet
    6:15 Buffett's Solution to Bad Management
    9:06 Are Banks a Good Buy?
    10:25 Buffett’s Investing Strategy
    Let me know your thoughts on the video in the comments below.
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