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Warren Buffett has had a very long and successful career as a stock investor and has done very well for the shareholders that invested into his companies. He has been famous for coining the term “never bet against america” however now it seems that he is betting against america.. He is betting against america in a huge way. Warren Buffett is selling US Bank Stocks and investing into Japanese companies and Pharma Stocks. Warren Buffett must be aware that here will be a new chief in town at the OCC and that the entire bank industry could be changed. This could greatly impact Warren Buffetts investment.
What do you think about Warren Buffetts Investing Strategy? Do you see major problems coming to this sector as well?