Could Warren Buffett Successfully Run Bank of America?

Before you go, we thought you'd like these...
Before you go close icon

Warren Buffett praised Bank of America in his recent edition of his annual letter to Berkshire Hathaway shareholders, but could the Oracle of Omaha run the bank more effectively than its current CEO Brian Moynihan? While Buffett isn't a "banker" by nature, he has been a deft capital allocator for decades at Berkshire. Meanwhile, Moynhan has spent years in the banking business -- running Bank of America's wealth management, investing banking, and consumer opertations before taking the helm as CEO.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson play a round of "Would You Rather..." and debate the collection of businesses at Berkshire Hathaway and Warren's ability to deliver for shareholders at Bank of America. Matt and David both believe Warren Buffett could effectively produce returns for shareholders at the bank because of his ability to repurchase shares at opportune times and understanding the intrinsic value of businesses.

How Warren made his billions
Bank of America aside, Warren Buffett has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.


The article Could Warren Buffett Successfully Run Bank of America? originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America and Berkshire Hathaway. The Motley Fool recommends Bank of America and Berkshire Hathaway. 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.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners