Warren Buffett’s “Mystery Stock”
I am quoted by CNBC on Warren Buffett’s “Mystery Stock”:
David Kass, a finance professor at the University of Maryland’s Robert H. Smith School of Business and a Berkshire shareholder, suspects that Buffett could be buying back JPMorgan.
“Buffett has always admired Jamie Dimon and has praised him frequently,” Kass said by email. “Todd Combs has been on JPM’s board of directors since 2016 at age 44, and remains the youngest of its 12 directors today at age 52. JPM is generally acknowledged to be the best managed and most profitable bank.”