Replies to post #1743 on Wells Fargo and Company (WFC)

[Prudent Capitalist]

LMFAO! Incorrect again! BRK and Buffet did not take any kind of loss on any WFC shares sold. As detailed in the annual report issued last spring, as of 12/31/19 BRK's WFC holdings totaled 8.4% of WFC totaling 345,688,918 shares at a cost and tax basis well below WFC's 52-week low of $22. And BRK has pocketed decades of dividends on all of those shares.

[Saving Grace]

$24.75 is real money. The next dive is going to leave a mark. Hopelessness is drawing near as Buffet tried to bounce it back, failed and left the building. Now his money is reinvested in Kroger and not coming back.