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 1.04%) 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.
Can You Own a Bank for the Long Term?
By Matt Koppenheffer – Feb 12, 2013 at 4:56PM
NYSE: WFC
Wells Fargo
Market Cap
$269B
Today's Change
(-1.04%) $0.88
Current Price
$83.88
Price as of October 22, 2025 at 4:00 PM ET
Is the banking sector too much of a four-letter word to buy and hold today?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.