Warren Buffett on Investing in Banks

Sally Kohn: Warren Buffett talks about how he looks to find risks that aren't appreciated by other investors or really by the company themselves. Does management understand the risk that they're taking? Do they know, you know, what could be catastrophic to that bank? She says banks with very high capital ratios fail all the time and it's not a lack of capital; it's just how severe the losses will be in terms of your loan losses.Kohn: I'd read some of the Maxfield on banks sub stack,. And it did this part that you're talking about here. Did remind me of that.