[Tidybuoy]

I watched a good interview with Warren Buffet the other day.

He sold certain banks (like Wells & Chase) because they are poorly managed. He is very pro Bank of America.

Be bought into a gold mine, not buying gold per say. He said he is not real fond of buying gold as an asset because it just sits there where as buying a mining company produces something - in this case gold.

The original post here implies that he is dumping banks for gold and that is not the case.