Guess what,
Warren Buffett blew a quarter of a billion on Irish bank shares last year.
This quote is buried in the piece below.
“In 2008, he purchased $244 million worth of shares in two Irish banks, leaving him with an 89% loss at year's end”
But having said that, he thinks banks are good buys right now.
See this link.
http://www.fool.com/investing/dividends-income/2009/03/11/buffett-likes-banks.aspx
S
Monday, March 16, 2009
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