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Buffett Banking Too Much on the Banking Sector with J.P. Morgan?

John Parker
Buffett Banking Too Much on the Banking Sector with J.P. Morgan?

As we discussed in the last three parts of this series, renowned billionaire investor Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) has increased its bets on the banking sector. The company added more shares (IYF) in Bank of America (BAC), U.S. Bancorp (USB), and Goldman Sachs Group (GS) to its portfolio. Now let’s look at a new addition to Berkshire Hathaway’s top ten holdings list that’s also from the banking sector.