How Warren Buffett Got Through to Bank of America CEO Brian Moynihan

The transcript recounts a story about Warren Buffett's unexpected call to invest $5 billion in a company during a time of economic uncertainty in 2011. Despite the company's initial reluctance, Buffett emphasized the need for stability and capital. His investment had a significant impact, boosting company morale and offering shareholders a unique opportunity. The story highlights Buffett's courage and financial acumen.

How did Warren Buffett initially try to contact the speaker?

• By visiting the company's headquarters

• Through an email to the CEO

• Through a direct phone call to the speaker's office

• By calling the company's call centers

What was Warren Buffett's main reason for wanting to invest in the company?

• To gain control over the company

• To provide stability and imprimatur

• To increase the company's debt

• To merge it with another company

In what year did Warren Buffett make his investment in the company?

• 2008

• 2011

• 2015

• 2020

How quickly was the investment agreement signed after the initial call?

• By the next day

• Within a year

• Within a month

• Within a week

What was the potential benefit for common shareholders who bought shares on the day of Buffett's investment?

• They would have lost money

• They would have fared as well as Buffett

• They would have gained control of the company

• They would have received dividends immediately