Can You Own a Bank for the Long Term?


While many investors may be timid about investing in banks after the financial crisis of 2008, in this video, Motley Fool financial analyst Matt Koppenheffer tells us that Warren Buffett would likely have a different opinion on that issue. Buffett has held shares of Wells Fargo through Berkshire Hathaway since at least 1990 and is currently the largest shareholder with an 8% stake. Matt goes on to tell us what some of the characteristics of Wells Fargo are that Buffett values so highly, and why WFC might be one of the best stocks in banking.

Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.

The article Can You Own a Bank for the Long Term? originally appeared on

Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway and Wells Fargo. The Motley Fool owns shares of Berkshire Hathaway and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Originally published