Many investors deem banks like Bank of America (BAC 1.70%) and Citigroup (C 1.33%) to complex to invest in. Why then does Warren Buffett take such comfort in investing this the banking sector? The answer may be the way Buffett looks at the world and the nature of probabilities. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson look at two tweets and discuss Bitcoin.
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Demystifying Warren Buffett’s Circle of Competence
NYSE: WFC
Wells Fargo

The best from the Twitterverse on the world of finance. The guys discuss the complexity of Bank of America and Citigroup.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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