Buffett’s American Express Bet | Business and Finance News

Warren Buffett’s Berkshire Hathaway holds nearly 152 million American Express shares — a decades-long bet on a company with a legendary brand and an unassailable economic moat. Since 1991, AmEx has delivered a staggering 497% return, fueled by loyal affluent customers, a self-reinforcing payment ecosystem, and consistent growth driven by new cardholders and higher spending. With projected 10% annual revenue and mid-teen EPS growth, the mature giant shows no signs of slowing down — making it a textbook Buffett play: a durable, high-margin business trading at a fair price for long-term shareholder value. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6865da549f4bb162