Are you sure he owned Bank of America before the crash? I know he invested another $5 billion in Bank of America in 2011 and the stock jumped 25% overnight: htt

Are you sure he owned Bank of America before the crash? I know he invested another $5 billion in Bank of America in 2011 and the stock jumped 25% overnight: http://dealbook.nytimes.com/2011/08/25/buffett-to-invest-5-billion-in-bank-of-america/ http://dealbook.nytimes.com/2011/08/25/buffett-to-invest-5-b... And also: >Buffett’s paper profit on the Bank of America warrants stands at about $5.7 billion. From: http://www.bloomberg.com/news/2014-05-04/bofa-forgiven-as-buffett-says-you-do-the-best-you-can-.html http://www.bloomberg.com/news/2014-05-04/bofa-forgiven-as-bu... Buffett's investment to BAC was seen as a vote of confidence and definitely helped keep the struggling company from declining further. I'm not sure where you're getting your facts from.