Bafite Soros and other investment giants buy blue-chip banking stocks as a unanimous choice

Securities Times Network (www.stcn.com) February 17 February 17, according to the Shanghai Securities Daily reported that, starting from the four quarter of last year, including Warren Buffett, Soros and other investment tycoons began betting on the U.S. economic recovery, so buy a lot of blue chips and banking stocks. reported that in the four quarter of last year, Buffett's Berkshire Hathaway company significantly increased the shares of GE, the current shareholding reached 10.5 million shares. In addition, the company has increased its holdings of energy giant Exxon Mobil, which currently holds about 41 million shares and is worth about $4 billion trillion. For bank stocks, Buffett also prefers big-bank blue-chip stocks, and he is also adding shares to Wells Fargo, and he will convert Goldman Sachs warrants to equities during the financial crisis, with more than 12 million shares. During the financial crisis of 2008, Mr. Buffett invested 5 billion of dollars in preferred shares to Goldman Sachs and received warrants to buy shares at a price of $115 per share. Today, Goldman's share price has already surpassed $115 trillion per share (last Friday's close of $163). Another big Hencolos, in some ways similar to Mr. Buffett, also bought shares in two other banking giants in the four quarter last year, JPMorgan and Citigroup respectively, with 2.8 million and 2.3 million shares.