The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.
Warren Buffett has held significant amounts of bank stock and securities throughout the financial crisis. A few months ago, he added an investment in Bank of America (preferred shares plus warrants). In his latest shareholder letter, he gives positive outlooks for both Wells Fargo (a long-time common stock holding) and Bank of America as well as the banking industry as a whole. Anand explains.
The financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. To find out the name of the bank Buffett would probably be interested in if he could still invest in small banks, just click here.
