To recover from the financial crisis, investment banks like Goldman Sachs and Bank of America needed capital and credibility. They turned to Berkshire Hathaway for both, giving Warren Buffett incredible leverage to set the terms of his investments.
Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway's book value per share has grown a mind-blowing 586,817% over the past 48 years. But with Buffett aging and Berkshire rapidly evolving, is this insurance conglomerate still a buy today? In The Motley Fool's premium report on the company, Berkshire expert Joe Magyer provides investors with key reasons to buy as well as important risks to watch out for. Click here now for instant access to Joe's take on Berkshire!
The article Warren Buffett: Big Bank Kingmaker? originally appeared on Fool.com.
Matt Koppenheffer owns shares of Berkshire Hathaway, Goldman Sachs, and Bank of America. The Motley Fool recommends Berkshire Hathaway and Goldman Sachs. The Motley Fool owns shares of Bank of America and Berkshire Hathaway. 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.