It Pays to Be a Part of Buffett's Favorite Banks
Jan 30th 2013 5:45PM
Updated Jan 30th 2013 6:25PM
In the following video, Motley Fool financial analyst Matt Koppenheffer discusses the announcement that Berkshire Hathaway is issuing new debt, with Goldman Sachs and Wells Fargo as the book runners on the deal. Berkshire owns a stake in both banks, and Warren Buffett thinks very highly of both. Matt tells us why it pays to be on Buffett's favorite list.
Warren Buffett's long track record of success has made him one of the best investors of all time. With Buffett at the helm, Berkshire Hathaway has grown book value per share at a compounded annual rate of 19.8% for nearly 50 years! Despite an incredible historical track record, investors have to understand the key issues to watch moving forward. To help investors, the Fool's resident Berkshire Hathaway expert, Joe Magyer has created this premium research report on the company. Inside you'll receive ongoing updates as key news hits, as well as reasons to both buy and sell the stock. Claim a copy by clicking here now.
The article It Pays to Be a Part of Buffett's Favorite Banks originally appeared on Fool.com.Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway, Goldman Sachs, 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.
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