Berkshire Hathaway Invests 14% in American Express (AXP) Portfolio

Berkshire Hathaway has a $359 billion public equities portfolio, with nearly 14% invested in American Express (AXP). This investment reflects a 22.5% stake in American Express, whose shares have more than doubled in the past five years as of September 10. American Express is the second-largest holding in Berkshire's portfolio, known for its robust competitive position in financial services. The company aims for long-term revenue growth of 10% per year and mid-teens annualized earnings per share growth, which may influence investor decisions positively.