https://finance.yahoo.com/amphtml/news/warren-buffett-sells-stakes-in-two-banks-raises-bank-of-america-bet-220257631.html
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Buffett said the U.S. banking system had become overly complicated — and that he was not surprised that the banks had failed. He said he'd been selling bank stocks, first at the start of the pandemic and more recently over the past six months as banks increasingly face mismanagement and respond to bad incentives.
Warren Buffett - Berkshire Hathaway shareholders meeting May 6, 2023
We knew he did not have the charisma and approachability that Richard Davis had, but nobody saw it getting this bad and Berkshire Hathaway and Warren Buffet selling every last share in USB.
As the worst CEO in U.S. Bank history, I sold 84,948 Shares of U.S. Bancorp (NYSE:USB) Stock in a transaction dated Monday, December 12th 2022.
I screwed USB harder than secret male lover screws my bootyhole! Glad the rest of the investors still don’t see how incompetent I am. I just keep eliminating jobs to make it look like I’m doing a good job. That’s all I know how to do!