Warren Buffett is a very astute and patient investor, he is very shrewd when it comes to making a deal and driving a hard bargain.
He invested in Bank of America when everyone was scared that helped him ask for a get a huge 6% a year dividend (compare that to your bank paying 1% or less in interest) on top of that he raked in a whopping $12 Billion Dollars as Bank of America stock rallied.
BAC at 52WK highs and surging, Buffett can cash in anytime! Warren Buffett expected to make even more if he hangs on to his massive holdings in America's second largest bank.
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