AXP
💳 American Express is cited as one of the major companies in which Berkshire Hathaway maintains a stake.
⭐ These companies are characterized by high profitability and returns on tangible net capital.
🤝 Buffett highlights the strategy of investing in fractions of exceptional businesses available on Wall Street.
@Invierteygana:
“Por otra parte poseemos un pequeño porcentaje de una docena de empresas muy grandes y altamente rentables con nombres tan reconocidos como Apple American Express coca-cola y moodies muchas de estas empresas obtienen rendimientos muy altos sobre el capital neto tangible necesario para sus operaciones”
Watch the exact part of the video where Warren Buffett talks about American Express here:
View the video on YouTube.
Read more articles featuring the most recent analysis of American Express (AXP) at this link: AXP stock.