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 (WFC 2.35%) through Berkshire Hathaway (BRK.B 0.03%) 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.
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Can You Own a Bank for the Long Term?
NYSE: WFC
Wells Fargo

Is the banking sector too much of a four-letter word to buy and hold today?
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. 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.
Stocks Mentioned



*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles





Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.