Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries - CNBC

4/28/2022 12:00:00 AM3 yearsago
by Hugh Son
by Hugh Son
While the pandemic is finally receding in the U.S., Buffett hasn't given the all-clear signal on banks. Why is that?
Warren Buffett, Chairman and CEO of Berkshire Hathaway. Warren Buffett has begun to unleash Berkshire Hathaway's massive cash stockpile in recent weeks, snapping up an insurer and multi-billion doll… [+5614 chars]
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