Warren Buffett Buys Shares of JP Morgan

Warren Buffett announced earlier on CNBC that he had personally purchased stock of JP Morgan (NYSE: JPM) for his own portfolio (separate from the portfolio of Berkshire Hathaway). Recently, Buffett has made many investments into the financial industry, including purchasing Bank of America (NYSE: BAC) last fall and Goldman Sachs (NYSE: GS) following the crash of 2008.

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