Berkshire Hathaway's American Express Stake
Warren Buffett's position in American Express is currently worth $23.8 Billion. That's 7.05% of their entire equity portfolio (5th largest holding). The investor owns 20.27% of the outstanding American Express stock. The first American Express trade was made in Q4 1998. Since then Warren Buffett bought shares nine more times and sold shares on eight occasions. The stake costed the investor $8.42 Billion, netting the investor a gain of 183% so far.
News about American Express Co. and Warren Buffett
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The Gerontocracy Strikes Back
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