Warren Buffett Has $34.8 Billion Invested in This Dividend Stock. Is It a Smart Buy Now?

This too-big-to-fail bank is the second-largest holding in Berkshire Hathaway's portfolio.It's been 59 years since Warren Buffett acquired Berkshire Hathaway for $14.86 per share. The holding company's A-class stock, which has never split, has been trading for more than $598,000 per share.Warren Buffett is widely considered one of the greatest investors of all time because Berkshire's stock price has risen at an annual rate of 19.7% for nearly six decades. Applying the rule of 72, that is fast enough to mor ...