????5.富國(guó)銀行（Wells Fargo）

????年平均復(fù)合回報(bào)率：21%

????總回報(bào)率：9417%

????持有期：24年

????巴菲特是在1990年致股東的公開(kāi)信中首次披露他在富國(guó)銀行（Wells Fargo）的2.9億美元投資,。當(dāng)時(shí)銀行股受儲(chǔ)蓄和貸款危機(jī)沖擊,，巴菲特亮出他招牌式的投資策略，利用市場(chǎng)動(dòng)蕩的機(jī)會(huì)買進(jìn)了當(dāng)時(shí)他能發(fā)現(xiàn)的最優(yōu)質(zhì)銀行股之一,。巴菲特說(shuō),，他自己有個(gè)規(guī)矩，通常不愛(ài)投資銀行類股【但他已經(jīng)一次又一次地打破了這個(gè)規(guī)矩,，第一次是富國(guó)銀行,，近期的有美國(guó)銀行（Bank of America）和美國(guó)合眾銀行（US Bancorp）】，但當(dāng)時(shí)富國(guó)銀行實(shí)在是太便宜了,，不容錯(cuò)過(guò),。

????這個(gè)決策非常明智。早在1990年,，富國(guó)銀行市值為29億美元。它目前的市值為2750億美元,。去年,，富國(guó)銀行的收益超過(guò)了美國(guó)國(guó)內(nèi)任何其他銀行。伯克希爾哈撒韋公司仍是富國(guó)銀行的第一大外部股東,，而富國(guó)銀行也希望巴菲特和伯克希爾哈撒韋公司能長(zhǎng)期持有其股權(quán),。近日，富國(guó)銀行的CEO 約翰?斯坦普夫在全美新聞?dòng)浾呔銟?lè)部（National Press Club）發(fā)表講話時(shí)稱,，他已經(jīng)建議84歲的巴菲特削減鈉的攝入量,。巴菲特有常年喝櫻桃可樂(lè)和吃牛排的飲食習(xí)慣?！爱?dāng)食物送到餐桌上時(shí),，沃倫一手抓一個(gè)鹽瓶,，兩只瓶子齊刷刷地倒鹽，簡(jiǎn)直是暴風(fēng)雪的節(jié)奏,?！彼固蛊辗蚋嬖V聽(tīng)眾稱：“我來(lái)自明尼蘇達(dá)州，我說(shuō)那是暴風(fēng)雪,，就絕對(duì)算得上是,。”

????5. Wells Fargo

????Annual average compounded return: 21%

????Total return: 9,417%

????Years held: 24

????Buffett first announced his $290 million investment in Wells Fargo WFC 1.20% in his 1990 annual letter to shareholders. Bank stocks were being battered by the savings and loan crisis, and Buffett characteristically took advantage of the market turmoil to buy into one of the highest quality banks he could find.

????Buffett said that, as a rule, he generally doesn't like to invest in banks (a rule that he has broken again and again, first with Wells but more recently with Bank of America BAC 0.76% and US Bancorp USB 1.09% ) but Wells was too much of a bargain to pass up.

????That was a good call. Back in 1990, Wells Fargo had a market capitalization of $2.9 billion. It is now worth $275 billion. Last year, it earned more money than any other bank in the country. Berkshire is still Wells Fargo's largest outside shareholder, and Wells would like Buffett and Berkshire to stick around. Recently, Wells Fargo's CEO John Stumpf told an audience at the National Press Club that he advised the 84-year-old Buffett, who classically subsists on a diet of Cherry Cokes and steak, to cut back on his sodium intake. “When the food comes, Warren grabs a salt shaker in his left hand and one in his right, and it’s a snowstorm," Stumpf told the crowd. "And I know a snowstorm when I see one because I’m from Minnesota.”