While many investors may be timid about investing in banks after the financial crisis of 2008, in this video, Motley Fool financial analyst Matt Koppenheffer tells us that Warren Buffett would likely have a different opinion on that issue. Buffett has held shares of Wells Fargo (NYSE:WFC) through Berkshire Hathaway (NYSE:BRK-B) since at least 1990 and is currently the largest shareholder with an 8% stake. Matt goes on to tell us what some of the characteristics of Wells Fargo are that Buffett values so highly, and why WFC might be one of the best stocks in banking.
Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway and Wells Fargo. The Motley Fool owns shares of Berkshire Hathaway and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. 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.