"Oracle of Omaha" buys WFC

Time to Buy On-Shore Bank Bargains... Buffett Thinks So

Excerpt:

Berkshire Hathaway disclosed last week that Warren Buffett & Co. has been busy adding to its already sizeable stake in Wells Fargo.

In fact, the big west-coast bank is Berkshire’s second largest holding. Buffett now owns 289 million shares of Wells valued at $8.6 billion. That’s nearly 9% of Wells Fargo’s outstanding shares.

Comment: More on Warren Buffett. If Berkshire Hathaway combined their votes with mine, I could be on the board of Wells Fargo!