Home Value Investing Warren Buffett Does Not Plan To Sell Shares in Wells Fargo

Warren Buffett Does Not Plan To Sell Shares in Wells Fargo

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In an interview on CNN today, Warren Buffett mentioned that he is not planning to sell any of the 500 million shares of Wells Fargo (NYSE:WFC) owned by Berkshire Hathaway (NYSE:BRK.A, BRK.B), representing a 10% stake in WFC. Warren Buffett had previously been silent on this issue. The Wells Fargo scandal (opening accounts for customers without their knowledge) was revealed in late September.

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