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BullNBear52

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BullNBear52

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Re: bar1080 post# 50667

Thursday, 04/13/2017 11:57:06 AM

Thursday, April 13, 2017 11:57:06 AM

Post# of 54430
He just doesn't want to deal with all the paperwork if he goes over 10%.

Buffett'sBerkshire Hathaway Inc <BRKa.N> on Wednesday said it withdrew its application to the Federal Reserve to boost its ownership stake in Wells Fargo & Co <WFC.N> above 10 percent, and is instead selling 9 million shares to keep it below that threshold.

Read more: http://www.nasdaq.com/article/berkshire-to-cut-wells-fargo-stake-pulls-fed-application-20170412-01176#ixzz4e92E3r3I

I really don't see his love affair with WFC and going that long on them.

BWTHDIK

“Never argue with stupid people, they will drag you down to their level and then beat you with experience.”

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