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Reply to @Charles: It is likely to be higher. This is classical of Buffet - be greedy when others are afraid. Wish I own enough Berkshire Hathaway, share B, BRKB.
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One the guests asked rhetorically: "Three years from now, will he make money? I think he will."
So, the day before the announcement, 8/24/2011, BAC closed at $6.92.
This past Friday, 8/30/2013, BAC closed at $14.12.
Wonder where it will be 8/24/2016?