InvestED: The Rule #1 Investing Podcast cover image

419- $100 Bills: Berkshire Meeting part 3

InvestED: The Rule #1 Investing Podcast

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Buffett and Munger Cry for Regulation to Come Back on Banks

Buffett and Munger are both crying for regulation to come back on banks. As they run into this problem, they're going to be more interested in doing that kind of gamble. If you guys are thinking about buying into banks, it's very difficult for a bank to have a moat because it's all about the people who are running the bank.

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