When Warren Buffet talks, I listen.
Warren Buffet has been talking about bank stocks lately. The financial sector has gotten whacked and I have been looking for some bank/financial stocks to buy. I have done well with Morgan Stanley so far and today, I am buying $5,000 worth of stock in USB, WFC, and MTB. The news has been out there and I have missed some of the run but, I like that Warren Buffet is mentioning these three stocks specifically. He does his homework. His credibility is on the line by specifically mentioning these stocks. His partner, Charlie Munger is also talking about them.
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