Could Warren Buffett Successfully Run Bank of America?

Warren Buffett praised Bank of America (NYSE: BAC  ) in his recent edition of his annual letter to Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) shareholders, but could the Oracle of Omaha run the bank more effectively than its current CEO Brian Moynihan? While Buffett isn't a "banker" by nature, he has been a deft capital allocator for decades at Berkshire. Meanwhile, Moynhan has spent years in the banking business -- running Bank of America's wealth management, investing banking, and consumer opertations before taking the helm as CEO.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson play a round of "Would You Rather..." and debate the collection of businesses at Berkshire Hathaway and Warren's ability to deliver for shareholders at Bank of America. Matt and David both believe Warren Buffett could effectively produce returns for shareholders at the bank because of his ability to repurchase shares at opportune times and understanding the intrinsic value of businesses.

How Warren made his billions
Bank of America aside, Warren Buffett has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2863892, ~/Articles/ArticleHandler.aspx, 7/29/2014 3:59:43 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement