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The Winning Stock Warren Buffett Has Invested $15 Billion Into In 11 Years

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The Winning Stock Warren Buffett Has Invested $15 Billion Into In 11 Years: https://g.foolcdn.com/editorial/images/686063/open-bank-vault-money-safe-savings.jpg

Warren Buffett has said that he got the idea to invest in Bank of America (NYSE: BAC) while taking a bath in 2011. He agreed to invest $5 billion into the bank, which was struggling at the time and finished the year as the worst performer in the Dow Jones Industrial Average.

Buffett has held on to that stake and added to it over time, for a total of nearly $15 billion in investments, which are worth roughly $46 billion today.

The recent turbulence in the economy has shaken investor confidence, allowing you to scoop up shares of top businesses at discounted prices. Here is why Bank of America is worth considering as a buy today.

Source Fool.com

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