By Jason Hamlin:

Many might gasp at the audacity of betting against one of the world’s wealthiest and most successful investors, but I think the recent rally in Bank of America (BAC) provides an excellent opportunity to short the stock. I am not necessarily saying that the “Sage of Omaha” made a poor investment; after all, he did receive preferred stock, 6% interest for 10 years, a $250 million bonus if BofA tries to pay him back early and warrants that were nearly $1 billion in the money just two days after the deal.

But if you think it is a good idea to chase his trade and buy common stock without all of these perks, you may want to think again. The fact that Bank of America was desperate enough to give Buffett these generous terms and then sell half of its stake in one of the biggest banks in one the

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