Seriously, anyone wants to guess what he is buying now?

Here is my guess: BAC.

BAC will be owning about 20% of CFC through its recent preferred investment (2B 7.25% note, with right to buy CFC at $18/share). It seems a safer bet than buying CFC directly....

Of course, one might argue that guessing on what Buffett is buying has no meaning by itself. I agree. But I still like the "game" because it is a good mind exercise for long-term value investment. Even though I don't necessarily buy the same stocks Buffett buys (only two overlaps, COP & USG), I find this mind process extremely valuable.