Citigroup: Invest Alongside Buffett In This Turnaround Story

VV Shots In many ways, Citigroup (NYSE:C) has long been the ‘sick man’ of the systemically important banks and its share price underperformance has reflected this. But there’s a price for everything, and at the current discount to underlying book, Citi is quickly emerging as a value investor favorite – note Berkshire Hathaway (BRK.B) swapping its long-held Wells Fargo (WFC) position for Citi and, more recently, backing CEO Fraser’s reorganization plan. Despite another miss in Q4, the forward-looking upd ...