Warren Buffett's position in American Express is currently worth $23.8 Billion. That's 7.12% of their entire equity portfolio (5th largest holding). The investor owns 20.19% 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 182% so far.
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Omaha: Warren Buffett’s company again reported a loss — this time only USD 2.7 billion — because of a drop in the paper value of its investment portfolio in ...Orissapost, about 1 month ago
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