Buffett's Bank Stock Strategy: Is His Profit on Bank of America a Reason to Invest in These Promising Banking Turnarounds?

Warren Buffett is often considered a buy-and-hold investor, but that's not how he treats every investment. Should you follow his bank strategy?Warren Buffett, the CEO of Berkshire Hathaway (BRK.A) (BRK.B -0.16%), has a reputation as a buy-and-hold investor thanks to long-term holdings like Coca-Cola (NYSE: KO) and American Express (NYSE: AXP). But he doesn't treat every investment like that. Some are opportunistic situations that he capitalizes on relatively quickly when he's got a profit. That's how Bank o ...