Bank of America CEO: Warren Buffett urged me to invest

Bank of America CEO: Warren Buffett urged me to invest

Warren Buffett, president of Berkshire Hathaway, is now considered one of the largest investors alive. Buffett is probably the person who makes the most important investment decisions in our lives. Some of these decisions; After the financial crisis in 2011, $ 5 billion should be invested in Bank of America. However, according to Bank of America CEO Brian Moynihan, this important deal faced an early hurdle. When Buffett spoke to Moynihan about the idea of ​​investment in 2011, Omaha is just a general call center manager for the bank and Moynihan's demand is out of the bank. Buffett entered the call center to speak to me, "said Moynihan. With a quote from the Bloomberg Television program on Wednesday. Fortunately, Berkshire Hathaway CFO reached one of the Bank of America's investment bankers and eventually opened the door for Moynihan to speak to Buffett. "It literally called me - I talked to him for the first time in my life," said Moynihan Bloomberg on TV. In 2017, Berkshire earned $ 12 billion from investments.