With multiple bank failures, 2023 has been a tumultuous year for the banking sector. Stock prices in the sector have been driven down as investors have run for the exits. Because when banks start failing, investors sell first and ask questions later. Whenever fear engulfs a sector like this, it is always worth wading in to see if the sell-off has created opportunity. For one financial stock, a couple of legendary investors believe that it has. It was recently revealed that both Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) and hedge fund (and The Big Short) superstar Michael Burry have been piling on shares of [REDACTED]. |
Post a Comment
Post a Comment