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Buffett: Only a Handful of Large Banks Worth Your Investment

Against the backdrop of increased regulation and other concerns, Buffett's caution on banks is warranted, says Morningstar's Dan Werner.

Jeremy Glaser: For Morningstar I'm Jeremy Glaser. We’re here at the Berkshire Hathaway Annual Meeting at the lunch break. I'm joined by Dan Werner, he's a senior analyst, he's been blogging with me so far this morning. We're going to get his take on the meeting.

Dan thanks for joining me.