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What Warren Buffett knew (and you didn't)
when he bought into Bank of America

His $5 billion investment explained?

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You paid for it and no one's talking

Warren Buffet put $5 billion into the dog known as Bank of America.

Why did he do it?

Because he's a nice guy?

Because he likes to put it all on red and roll the wheel?

Bank of America is still selling for far less that its stated book value. What's going on?

How about some disclosure?

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