In this special edition of The Motley Fool's everything-financial show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer dip into their mailbag to answer a listener-sent question about Berkshire Hathaway and JPMorgan Chase.
The guys answer the following question: "Warren Buffett said he liked and owned JPMorgan in his personal account. However, Berkshire owns Wells Fargo, US Bancorp and M&T Bank instead. He said he would leave the best ideas to Berkshire, so it seems he likes the other three better. I think it is because they are more "boring"/predictable than JPMorgan."