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Warren Buffett Just Invested $1.2 Billion in These 3 Bank Stocks

August 16, 2018

Via: Yahoo

We recently got a look at Berkshire Hathaway’s (NYSE: BRK-A) (NYSE: BRK-B) closely watched stock portfolio, and it turns out that Warren Buffett and his stock-picking team had a fairly active second quarter.

One of the most significant changes was that three of Berkshire’s bank stock positions significantly increased during the quarter, with the company investing about $1.2 billion altogether. Here’s a rundown of Berkshire’s latest bank stock investments, why Buffett may have loaded up on these banks, and whether there could be more buying yet to come.

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