Warren Buffett: Banks will be worth more money 10 years from now


Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) is bullish on the banks.

“They’re a business I understand, and I like the price at which they’re selling relative to their future prospects,” Buffett said in a wide-ranging interview with Yahoo Finance’s editor-in-chief Andy Serwer. “I think, ten years from now, that they’ll be worth more money. And I feel there’s a very high probability I’m right.”

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