"Warren Buffett's Investment Plans and Biden's Impact on Banks"

1 min read
Source: Seeking Alpha
"Warren Buffett's Investment Plans and Biden's Impact on Banks"
Photo: Seeking Alpha
TL;DR Summary

Ally Financial remains a viable proposition to survive the fallout amid the banking crisis at the appropriate valuation. Despite the recent volatility, investors should consider a validated bullish reversal before adding new/more positions. Aggressive investors could consider "front-running" the market, but they also need to be aware of the risks. Warren Buffett, the second-largest investor in Ally Financial, holding a 9.9% stake, could be interested in a takeover of Ally Financial.

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