Why doesn't he buy a bank lol
Pay cut
>>1844267
He has the backing of the Federal Reserve and has been called on to bail out multiple banks during the past few financial crises. Technically speaking, he owns a few banks.
Are banks even good investments
>>1844332
no, not for an investor of his callibre. imagine doing something good, but then deciding I am going to pay people to do the similar job but worse.
>>1844332
Shares in the too big to fail banks are, as buffet proved in the crash
>>1844645
He could buy a commercial bank.
>>1844267
Solomon was a disaster. He almost lost all his money.