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09-16-2011, 08:52 AM #1
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What Warren Buffett knew (and you didn't)
What Warren Buffett knew (and you didn't)
when he bought into Bank of America
His $5 billion investment explained?
You paid for it and no one's talking
Warren Buffet put $5 billion into the dog known as Bank of America.
Why did he do it?
Because he's a nice guy?
Because he likes to put it all on red and roll the wheel?
Bank of America is still selling for far less that its stated book value. What's going on?
How about some disclosure?
Warren Buffett recently made a big, bold
investment in Bank of America recently.
$5 billion dollars worth - in a company that
is trading for one third of its book value.
Simple question: why did he do it?
Maybe he knew something that you don't know
- and can't know because no one is talking.
Video:
http://www.realecontv.com/videos/govern ... erica.html
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