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$American Express(AXP.US$ has been one of Berkshire Hathaway's top five holdings for many years. According to the latest 13F filing, AXP accounts for 10.41% of Berkshire Hathaway's portfolio. What are the reasons for Buffett's long-term holding of this company?
■ AXP's unique business model is key to Buffett's favor
American Express is one of only two companies in the United States (the other being Discover) that is both a card...
■ AXP's unique business model is key to Buffett's favor
American Express is one of only two companies in the United States (the other being Discover) that is both a card...
![Decoding Berkshire Hathaway: Why Does Buffett Love American Express?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240527/5e87b17550994b92a1855c20f7adc4f7.png?area=100&is_public=true/thumb)
![Decoding Berkshire Hathaway: Why Does Buffett Love American Express?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240527/a90c7f05c59c4070b9d357e9db6ed8d7.png?area=100&is_public=true/thumb)
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