Warren Buffett acquired 8.3 Million Visa shares worth $1.54 Billion. That's 0.49% of their equity portfolio (20th largest holding). The first Visa trade was made in Q3 2011. Since then Warren Buffett bought shares eight more times and sold shares on five occasions. The stake costed the investor $431 Million, netting the investor a gain of 257% so far.
Blue-chip stocks refer to companies that are established and have a strong record of delivering solid earnings and returns to investors. They also tend to be...InvestorPlace, 4 months ago
No summary available.Seeking Alpha, 12 months ago