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Description: They don’t call him the Oracle of Omaha for nothing. Warren Buffett’s $5 billion bet on then-struggling Bank of America in 2011 has resulted in around $13.5 billion in gains for Berkshire Hathaway, the investment company he heads.

Source: Fortune.com

Date: Feb 24, 2017

Link: http://fortune.com/2017/02/24/warren-buffett-bank-of-america/?iid=leftrail

Questions for Discussions:

  • What was Buffett’s bet?
  • Do you think he should take profits at this time?
  • Should investors be buying this stock now?

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