Warren Buffett - Why I sold Bank Of America stock (and WFC, JPM, GS)
In this engaging video, Warren Buffett discusses Berkshire Hathaway's sale of shares in major banks, including USB, Wells Fargo, Goldman Sachs, JP Morgan, and PNC. Addressing questions about the quality of these institutions, Buffett clarifies that the sales were not necessarily due to poor management but reflects concerns about the broader banking sector.