AXP
๐ Berkshire Hathaway owns a small percentage of several large, highly profitable companies.
๐ These include well-known names like Apple, American Express, Coca-Cola, and Moody’s.
๐ Many of these companies achieve very high returns on the tangible net capital required for their operations.
๐ Small fractions of these outstanding companies can be bought on Wall Street, occasionally at bargain prices.
@Invierteygana:
“On the other hand, we own a small percentage of a dozen very large and highly profitable companies with well-known names like Apple, American Express, Coca-Cola, and Moody’s. Many of these companies achieve very high returns on the tangible net capital required for their operations. Understandably, truly outstanding companies are rarely offered in their entirety, but small fractions of these gems can be bought Monday through Friday on Wall Street, and very occasionally they are sold at bargain prices.”
Watch the exact part of the video where @Invierteygana talks about American Express here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on American Express (AXP) at the following link. AXP stock.