Buffett Inches Toward Wells Fargo Exit

I am quoted in a Bloomberg article “Buffett Inches Toward Wells Fargo Exit as Scharf Sets Course”.

“Clearly Warren Buffett has less confidence in the future course at Wells Fargo, in the perhaps future expected performance of its stock,” David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business, said in an interview. “He may perceive that there’s a lot more risk than he originally foresaw.”

 

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