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"I think I know their future, frankly, better than somebody that comes in to take a look,"...

  • Saturday, May 2, 2009, 3:46 PM ET
    "I think I know their future, frankly, better than somebody that comes in to take a look," Warren Buffett said of a key holding, Wells Fargo (WFC), dismissing the importance of the government's "checklist" stress tests. "All banks aren't alike by a long shot, and in our view Wells Fargo, among the large banks, has some advantages the others do not." (Bloomberg)
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