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Warren Buffett's Bank Of America Rescue Was His Crisis-Era Masterpiece - Forbes

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. Photographer: Daniel Acker/Bloomberg. The world's best investor, Warren Buffett, has a knack for celebrating Independence Day in style. Two years ago, Buffett enjoyed the ...and more »

Buffett Snags Bank of America (BAC) Stock at 70 Percent Discount - U.S. News & World Report

Every investor would love a chance to buy a popular blue chip stock at a 70 percent discount to market price. On Friday, Warren Buffett's Berkshire Hathaway (ticker: BRK.A, BRK.B) did just that when Buffett exercised warrants to buy 700 million shares ...and more »

Berkshire Hathaway's Bank of America win is proof you can't invest like Warren Buffett - Yahoo Finance

Because while Buffett's skill as an investor and an allocator of capital is well-documented, the single-biggest reason that no one else can invest like the Oracle of Omaha is that at this point in his career, he gets access to deals no one else does ...and more »

Warren Buffett's bet on Bank of America positions him to land a $12-billion profit - Los Angeles Times

Warren Buffett's Berkshire Hathaway Inc. said Friday that it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation's largest banks — and showing that a years-ago bet on a struggling ...and more »

Warren Buffett is worth $75 billion but says he would be 'very happy' with $100000 a year - CNBC

You might think it takes a fortune to keep Warren Buffett happy. The famous investor and CEO of Berkshire Hathaway is worth more than $75 billion, according to Forbes. But the "Oracle of Omaha" says he would be fine with far less. "I'm already happy. I ...and more »

Warren Buffett's Berkshire Hathaway to Become Bank of America's Biggest Holder - Wall Street Journal

Warren Buffett's firm Berkshire Hathaway Inc. said Friday that it would buy 700 million Bank of America Corp. BAC 0.36% shares via warrants at below-market prices, a deal that places the firm as the bank's largest shareholder. The move was expected ...and more »

Buffett's Berkshire on verge of becoming BofA's top shareholder - Reuters

(Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) may be on the verge of becoming Bank of America Corp's (BAC.N) largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market ...and more »

Warren Buffett Made $12 Billion This Week With One Brilliant Move - Money Magazine

With one move this week, Warren Buffett's Berkshire Hathaway made a paper profit of $12 billion while becoming the biggest shareholder of Bank of America. CNBC described Buffett's investment maneuver as “quick” and “clever,” but it was actually years ...and more »

Rich People in America Have Too Much Money, Says the World's Second-Richest Man, Warren Buffett - Newsweek

Warren Buffett Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska, May 3, 2015. Rick Wilking/Reuters. Share. U.S. US economy Warren Buffett Donald Trump Income Inequality. One big problem ...and more »

Warren Buffett Just Became the Largest Shareholder of This Massive Bank - Fortune

Berkshire (brk-a, +0.88%) said it would exercise its warrants after the bank raises its quarterly dividend to 12 cents per common share. The conglomerate said it expected to use $5 billion of Bank of America's 6% preferred stock that it currently owns ...and more »