positiveInterview2026-03-31conf:high
Warren Buffett on Squawk Box with Becky Quick (Epstein / Gates Foundation)
“we've had our American Express stock 30 years without having a -- close to 40 years, 35 years.”
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American Express Company
$AXP214 mentions across the corpus · positive 93 · negative 3 · neutral 112 · historical 6
positiveInterview2026-03-31conf:high
Warren Buffett on Squawk Box with Becky Quick (Epstein / Gates Foundation)
“are you getting a premium for American Express tickets? They can sell their traveler's check for more than Citigroup, Bank of America, Barclays”
neutralPodcast2025-05-17conf:high
“huge stakes in companies like Apple and American Express and Coca-Cola”
neutralPodcast2025-05-17conf:high
“with huge stakes in companies like Apple and American Express and Coca-Cola, not to mention insurance operations”
neutralPodcast2025-05-17conf:high
“huge stakes in companies like Apple and American Express and Coca-Cola”
positiveMeeting2025-05-05conf:high
Morning Session - 2025 Meeting
“American Express would tell you that they sell a product very, very well in Japan”
positiveLetter2025conf:high
2025 Berkshire Hathaway Shareholder Letter (Greg Abel)
“A large portion of our portfolio is concentrated in a small number of American companies such as Apple, American Express, Coca-Cola, and Moody's”
positiveMeeting2024-05-06conf:high
Morning Session - 2024 Meeting
“Coca-Cola and American Express being Berkshire's two long-duration partial ownership positions, and you spent some time talking about the virtues of both these wonderful businesses”
positiveMeeting2024-05-06conf:high
Morning Session - 2024 Meeting
“We own American Express, which is a wonderful business. We own Coca-Cola, which is a wonderful business.”
positiveMeeting2024-05-06conf:high
Morning Session - 2024 Meeting
“We will own an Apple on American Express and Coca-Cola when Greg takes over this place.”
positiveMeeting2024-05-06conf:high
Morning Session - 2024 Meeting
“American Express does business around the world... American Express has a position in the credit card bill, which I think is extremely strong.”
positiveMeeting2024-05-06conf:high
Afternoon Session - 2024 Meeting
“your favorite holding period is forever holding American Express or Coca-Cola for decades”
positiveMeeting2024-05-06conf:high
Morning Session - 2024 Meeting
“return on tangible equity at Coca-Cola or American Express or and to really top it off, Apple.”
neutralLetter2024conf:high
2024 Berkshire Hathaway Shareholder Letter
“household names such as Apple, American Express, Coca-Cola and Moody's.”
neutralPodcast2023-10-28conf:high
Learning from Warren Buffett & Charlie Munger w/ Chris Davis
“Ken Chenault who was CEO of American Express.”
neutralPodcast2023-10-28conf:high
Learning from Warren Buffett & Charlie Munger w/ Chris Davis
“Ken Chenault who was CEO of American Express.”
neutralPodcast2023-10-28conf:high
Learning from Warren Buffett & Charlie Munger w/ Chris Davis
“Ken Chenault who was CEO of American Express.”
positiveLetter2023conf:high
2023 Berkshire Hathaway Shareholder Letter
“Coca-Cola and American Express. These are not huge commitments like our Apple position. Each only accounts for 4-5% of Berkshire's GAAP net worth”
positiveLetter2023conf:high
2023 Berkshire Hathaway Shareholder Letter
“During 2023, we did not buy or sell a share of either AMEX or Coke – extending our own Rip Van Winkle slumber that has now lasted well over two decades. Both companies again rewarded our inaction”
positiveMeeting2022-05-02conf:high
Morning Session - 2022 Meeting
“now we own 20% of American Express. That's what's happened because they've repurchased shares. That happens to have worked out extremely well.”
positiveMeeting2022-05-02conf:high
Morning Session - 2022 Meeting
“we owned about 150 million shares of American Express. I think we bought our last share in 1998... Wonderful company. And since then, they've sent us a check every quarter is a dividend.”
negativeMeeting2022-05-02conf:high
Afternoon Session - 2022 Meeting
“American Express, the company instituted an anti-racist initiative for employees that teaches that capitalism is fundamentally racist”
positiveLetter2022conf:high
2022 Berkshire Hathaway Shareholder Letter
“American Express is much the same story. Berkshire's purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment ha”
neutralLetter2022conf:high
2022 Berkshire Hathaway Shareholder Letter
“similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased”
neutralLetter2022conf:high
2022 Berkshire Hathaway Shareholder Letter
“Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola”
neutralMeeting2021-05-03conf:high
2021 Annual Meeting Highlight Reel
“we've got a big exposure to business travel of course through the fact that we own 19% of American Express”
neutralMeeting2021-05-03conf:high
“we own 19% of American Express and we own precision cast parts, which services the air business”
neutralLetter2021conf:high
2021 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company .................... 19.9 1,287 24,804”
neutralMeeting2020-05-04conf:high
2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A
“it affects American Express to some degree. It affects the banks we own, but, but interest rates on credit cards”
neutralInterview2020-02-25conf:high
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“many of the businesses we own, partially own, American Express, we've owned it for 20 years”
positiveInterview2020-02-25conf:high
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“I am buying, let's say American Express. We own American Express. There's 815 million shares out and sells it this morning's 126”
neutralInterview2020-02-25conf:high
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“we own 18% of American Express, and American Express is a bank holding company, and bank holding companies have limits”
neutralInterview2020-02-25conf:high
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“managers we have for the businesses that we own pieces of like American Express or Coca-Cola”
neutralInterview2020-02-25conf:high
Buffett: Coronavirus threat shouldn't change how you invest | February 24, 2020
“American Express has been buying it every year. So with you putting out an ad in the letter to shareholders”
neutralLetter2020conf:high
2020 Berkshire Hathaway Shareholder Letter
“American Express Company .................. 18.8 1,287 18,331”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“world-class strong brands such as Coke, American Express, and Cs, as well as media companies that has helped these brands protect and widen their modes”
neutralMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“do you think that Amex's share of mind is enough to win the credit cards race? How do you see Amex's competitive position”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“American Express is an extraordinary operation. And I think this year, our share of the earnings, well, by next year, our share of the earnings of America Express”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“I like our American Express position very well. Charlie? Charlie? I think we own the world as long as it takes.”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“Amex is growing around the world with individuals, is growing around the world with small businesses. You just saw the contract they made with Delva”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“the platinum card had highest renewal rates that they've had. And they increased the price...retention improved and new business improved and 68 percent or so the new business was millennials”
positiveMeeting2019-05-06conf:high
Afternoon Session - 2019 Meeting
“I'm glad we own 18% of it. Okay, Jay. I'm actually going to ask something about Occidental Petroleum.”
neutralInterview2019-04-18conf:high
Buffett: We need to help free trade's "roadkill" | March 28, 2019
“Does that concern you about Amex, where you also have something like $16 billion invested?”
positiveInterview2019-04-18conf:high
Buffett: We need to help free trade's "roadkill" | March 28, 2019
“I like our 18% position in Amex, and I like our 5.5% position in Apple.”
positiveInterview2019-04-18conf:high
Buffett: "I was wrong" on Kraft Heinz | February 25, 2019
“but there was bad news in American Express when I originally bought it back in the 60s. It was the best investment, the partnership ever made.”
neutralLetter2019conf:high
2019 Berkshire Hathaway Shareholder Letter
“American Express 18.7% $ 261 $ 998”
neutralLetter2019conf:high
2019 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company .................. 18.7 $ 1,287 $ 18,874”
historicalInterview2018-05-07conf:high
Criticizing the cryptocurrency craze | May 7, 2018
“that's what happened with American Express in 1964. They had a field warehousing subsidiary.”
positiveMeeting2018-05-05conf:high
Why Berkshire has gone into capital-intensive businesses
“American Express earns a terrific return on equity and has for a very long time”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“American Express has done a fabulous job, and now we own 17 in a large fraction percent of a company that not that long ago, we may have owned 12 percent.”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“I like very much our holdings of American Express. The first half, because of the accounting changes, they had to suspend their repurchase program for six months, but they've announced that they expec”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“American Express, and Geico. But recently, Berkshire has made really big investments...American Express, you know, earns a terrific return on equity”
neutralMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“That does not mean we're going to reduce our holdings in American Express or and so”
positiveMeeting2018-05-05conf:high
Morning Session - 2018 Meeting
“We bought our American Express stock. That was the best investment I ever made in my partnership years.”
positiveMeeting2018-05-05conf:high
Morning Session - 2018 Meeting
“Geico came out stronger, American Express came out stronger.”
historicalMeeting2018-05-05conf:high
Morning Session - 2018 Meeting
“American Express was just picking up a few dollars by having the field warehousing company in 1963, and, you know, they were worried whether it was going to sink the company.”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“you invest in American Express. and Coca-Cola rather than Diner's Club or R.C. Cola, for example. Thanks. Well, with American Express, it was an interesting situation”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“American Express went into competition with Diners Club... they went in at a higher price... the American Express Centurion was on that card”
positiveMeeting2018-05-05conf:high
Afternoon Session - 2018 Meeting
“we've been right on American Express and Coca-Cola. American Express had this huge solid oil scandal in 1960...nobody quit using the car”
neutralMeeting2018-05-05conf:high
Morning Session - 2018 Meeting
“our share of the earnings, which can be used by them, whether it's Apple or American Express or Coca-Cola or Wells Fargo”
neutralInterview2018-02-26conf:high
Buffett's health care partnership is "determined" to contain costs | February 26, 2018
“cases like America. like American Express or Wells Fargo where you're not allowed to buy more.”
neutralInterview2018-01-10conf:high
Setting the stage for CEO succession | January 10, 2018
“Joe asked why I wasn't buy more American Express at 12, and I told them that I would buy it except we weren't allowed to.”
positiveLetter2018conf:high
2018 Berkshire Hathaway Shareholder Letter
“American Express 17.9% $ 237 $ 997”
positiveLetter2018conf:high
2018 Berkshire Hathaway Shareholder Letter
“Berkshire's holdings of American Express have remained unchanged over the past eight years. Meanwhile, our ownership increased from 12.6% to 17.9%”
neutralLetter2018conf:high
2018 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ................. 17.9 $ 1,287 $ 14,452”
positiveInterview2017-05-08conf:high
Buying Apple, selling IBM, missing Google | May 8, 2017
“charge card in the first quarter with Visa, American Express, you name it...were quite strong and got stronger in March...UK was up 17 and a half percent for American Express...They're up 15 percent i”
positiveMeeting2017-05-06conf:high
Morning Session - 2017 Meeting
“American Express losing the Costco relationship... American Express. If you read American Express's first quarter report... the platinum car is doing very well”
positiveMeeting2017-05-06conf:high
Morning Session - 2017 Meeting
“American Express was 18, I don't know, 51 or 52, starting out with an express business”
neutralMeeting2017-05-06conf:high
Afternoon Session - 2017 Meeting
“I saw you to do it with American Express and the salad oil scandal.”
neutralMeeting2017-05-06conf:high
Morning Session - 2017 Meeting
“changes in the value of Coca-Cola or American Express or anything are going to run through the income account”
neutralInterview2017-02-27conf:high
Buffett buys airlines and Apple | February 27, 2017
“back in 1963 when American Express had this great salad oil scandal that people were worried about it, bankrupting the company.”
positiveInterview2017-02-27conf:high
Buffett buys airlines and Apple | February 27, 2017
“if I think of Wells Fargo or Coca-Cola or American Express, stocks that have seemed like you've known on Farmer. We've got no intention of selling those.”
positiveInterview2017-01-30conf:high
Charles Munger Interview: The Power of Partnership with Warren Buffett
“the first one i remember of that kind was american express when the salad oil swindle pretty well clobbered that stock for a while warren went around a lot of research and decided that it was a minor ”
positiveInterview2017-01-30conf:high
Sandy Gottesman Interview: A Friendship in Finance with Warren Buffett
“He's made a lot of money in American Express doing that.”
neutralMeeting2017conf:high
Daily Journal Annual Meeting 2017 — Munger Q&A
“I have a question on American Express. What does increasing the litany of payments weaken as [unintelligible] as a value proposition in the long-run”
neutralLetter2017conf:high
2017 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company .................. 17.6 $ 1,287 $ 15,056”
positiveInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“One of those stories was American Express. There was a question about whether the company is still going to be valuable... I do, but there's no question that the whole area of payments is subject to a”
neutralInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“Just because American Express is buying back 6% of its shares a year, well, that's great, assuming the stock actually goes up.”
negativeInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“American Express's stock, it is now underperformed over a one, three, five, and ten-year period.”
neutralInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“American Express, the deal with Costco, Ken Chen Schenalt, you said, made the decision that this was not worthwhile”
positiveInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“if American Express is going to spend, we'll say, what, 6% of maybe three or four billion dollars buying in stock, the more shares they get for it, the better. But we look at the business.”
neutralInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“Would it pain you to sell American Express? Would it pain you to sell Coca-Cola? No, I don't think so.”
neutralInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“we talked about American Express and Costco, and Warren defended American Express's decision”
neutralInterview2016-05-02conf:high
Buffett on Trump vs. Clinton, Brexit, and Amazon's Bezos | May 2, 2016
“If I've been an American Express, I would have made the opposite decision. Why? I think Costco is so powerful that being the only credit card provider in Costco is so valuable”
positiveMeeting2016-04-30conf:high
Afternoon Session - 2016 Meeting
“I personally feel okay about American Express, and I'm happy to own it.”
neutralMeeting2016-04-30conf:high
Afternoon Session - 2016 Meeting
“That's not only true for American Express. That's true for other things we own, including things we own 100 percent of.”
neutralInterview2016-02-29conf:high
FBI pays Warren Buffett a visit
“I use my American Express card to help Warren's account.”
neutralInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“American Express has gone down quite a bit. That's not really different than IBM.”
neutralInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“let's turn our attention and ask a little bit about American Express.”
positiveInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“how do you rationalize Berkshire's continued investment in American Express, given its troubles? Well, American Express started, I think, in 1851”
positiveInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“you've got cardholders spending $16,000 or $17,000 per person...it's a very, very strong brand...I like it. I like it fine”
positiveInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“Of the big four investments, we have talked about already American Express, Coca-Cola, IBM.”
neutralInterview2016-02-29conf:high
"America's never been greater" | February 29, 2016
“I use my American Express card to help Warren's account.”
neutralLetter2016conf:high
2016 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ..................... 16.8 $ 1,287 $ 11,231”
neutralInterview2015-05-04conf:high
Defending Clayton Homes and Berkshire's IBM stake | May 4, 2015
“we're going to talk about Berkshire's Big Four Investments. We will be catching up with the CEOs of IBM, Coca-Cola, Wells Fargo, and American Express.”
neutralInterview2015-05-04conf:high
Defending Clayton Homes and Berkshire's IBM stake | May 4, 2015
“Wells Fargo is a huge customer, American Express is a huge customer, and my guess is that 10 years from now, Wells Fargo and American Express will be huge customers of IBM.”
neutralInterview2015-05-04conf:high
Defending Clayton Homes and Berkshire's IBM stake | May 4, 2015
“American Express is a huge customer of IBM”
positiveInterview2015-05-04conf:high
Defending Clayton Homes and Berkshire's IBM stake | May 4, 2015
“when we have close to 15% of American Express or when we have 9% of Coke or almost 10% of Wells Fargo”
neutralMeeting2015-05-02conf:high
Afternoon Session - 2015 Meeting
“long-term equity investments for example coca-cola or america express to the shareholders in a tax-efficient way”
positiveMeeting2015-05-02conf:high
Afternoon Session - 2015 Meeting
“American Express, which is Berksh's third largest stockholding, has relied on powerful network effects and its valuable brand to generate economic profits”
positiveMeeting2015-05-02conf:high
Afternoon Session - 2015 Meeting
“I think that American Express is still a very special company. And like I say, Kent has done a sensational job in anticipating a lot of these trends”
positiveMeeting2015-05-02conf:high
Afternoon Session - 2015 Meeting
“American Express came along and did something very interesting. They priced their card at $5, and actually established a better image... they'll have plenty of challenges in the future, and I'm deligh”
neutralInterview2015-03-02conf:high
Fifty years of Buffett's Berkshire | March 2, 2015
“take a Wells Fargo or an American Express which we own stock and you'll find they're doing a lot of business with IBM”
neutralInterview2015-03-02conf:high
Fifty years of Buffett's Berkshire | March 2, 2015
“one of the things we haven't gotten a chance to talk to you about is American Express. It's been in the headlines recently”
neutralInterview2015-03-02conf:high
Fifty years of Buffett's Berkshire | March 2, 2015
“your stake in American Express actually increased, but it was because the company was buying back. We have 150 million shares.”
positiveInterview2015-03-02conf:high
Fifty years of Buffett's Berkshire | March 2, 2015
“I think American Express has a very, a very strong position. Actually, I think in a sense, losing the Costco account might even further strengthen that position.”
negativeInterview2015-03-02conf:high
Fifty years of Buffett's Berkshire | March 2, 2015
“American Express, a company that Warren Buffett owns a stake in which we just talked about last hour”
positiveLetter2015conf:high
2015 Berkshire Hathaway Shareholder Letter
“American Express, stock repurchases raised our percentage ownership. Our equity in Coca-Cola grew from 9.2% to 9.3%, and our interest in American Express increased from 14.8% to 15.6%.”
neutralMeeting2015conf:high
Daily Journal Annual Meeting 2015 — Munger Q&A
“I don't think it was desirable that it lost its contract with Costco. Again, that's an example of what tough capitalism is.”
neutralLetter2015conf:high
2015 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ................. 15.6 $ 1,287 $ 10,545”
neutralMeeting2014-05-03conf:high
Afternoon Session - 2014 Meeting
“Revolution and payment systems could affect American Express”
neutralMeeting2014-05-03conf:high
Morning Session - 2014 Meeting
“investments in Wells Farmer? cargo, Coke, American Express, and IBM”
neutralMeeting2014-05-03conf:high
Morning Session - 2014 Meeting
“big legacy positions in Wells Fargo, Coca-Cola, American Express, IBM, and Procter & Gamble overshadowing the rest”
neutralInterview2014-03-03conf:high
"People react too much to short-term things" | March 3, 2014
“you've held Coca-Cola, Wells Fargo, and American Express for 20 plus years”
positiveLetter2014conf:high
2014 Berkshire Hathaway Shareholder Letter
“Berkshire increased its ownership interest last year in each of its "Big Four" investments – American Express, Coca-Cola, IBM and Wells Fargo.”
neutralLetter2014conf:high
2014 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ................. 14.8 $ 1,287 $ 14,106”
neutralMeeting2013-05-04conf:high
Afternoon Session - 2013 Meeting
“American Express comes into mind when you hire Jonathan's dad, Henry Brandt. You and he conducted weeks of analysis and site visits”
positiveMeeting2013-05-04conf:high
Afternoon Session - 2013 Meeting
“when the salad oil scandal hit in November of 1963. But I thought I saw an opportunity... we own whatever it is, probably 13 percent of the company”
neutralMeeting2013-05-04conf:high
Afternoon Session - 2013 Meeting
“You'd recognize American Express, but they're rattled off some of the names.”
neutralMeeting2013-05-04conf:high
Morning Session - 2013 Meeting
“if we own a chunk of American Express and under the bank holding company law, we would not be allowed to buy another shares”
neutralInterview2013-03-04conf:high
Buffett on Heinz deal: "We've got a great business" | March 4, 2013
“when I buy a piece of a wonderful business, say Coca-Cola or American Express, it is not a matter of consideration.”
positiveLetter2013conf:high
2013 Berkshire Hathaway Shareholder Letter
“Berkshire increased its ownership interest last year in each of its "Big Four" investments – American Express, Coca-Cola, IBM and Wells Fargo.”
neutralLetter2013conf:high
2013 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ............. 14.2 $ 1,287 $ 13,756”
neutralInterview2012-10-24conf:high
"No question" the global economy is slowing | October 24, 2012
“We still have a lot of your other investments to talk about, including American Express, Procter & Gamble.”
positiveLetter2012conf:high
2012 Berkshire Hathaway Shareholder Letter
“Berkshire's "Big Four" investments – American Express, Coca-Cola, IBM and Wells Fargo – all had good years.”
neutralLetter2012conf:high
2012 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company .............. 13.7 $ 1,287 $ 8,715”
positiveInterview2011-09-30conf:high
Warren Buffett; Anwar al-Awlaki Killed
“American Express got in trouble in the mid 60s. Those are two of the greatest investments I've ever had.”
positiveLetter2011conf:high
2011 Berkshire Hathaway Shareholder Letter
“13.0% of American Express, 8.8% of Coca-Cola, 5.5% of IBM and 7.6% of Wells Fargo”
neutralLetter2011conf:high
2011 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ............. 13.0 $ 1,287 $ 7,151”
neutralMeeting2010-05-01conf:high
Why Berkshire doesn't tell its subsidiaries to do business with each other
“would not accept American Express, only MasterCard or Visa”
neutralMeeting2010-05-01conf:high
Afternoon Session - 2010 Meeting
“would not expect American Express, only Master Carter visa”
neutralMeeting2010-05-01conf:high
Afternoon Session - 2010 Meeting
“Coca-Cola and American Express aren't paying out all their earnings”
neutralMeeting2010-05-01conf:high
Morning Session - 2010 Meeting
“Procter & Gamble's not going to away, American Express. There's no great need to be doing”
neutralMeeting2010-05-01conf:high
Morning Session - 2010 Meeting
“I would like to thank Kelly Bros and Carol from American Express to the help they've extended me”
neutralLetter2010conf:high
2010 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ........................ 12.6 $ 1,287 $ 6,507”
positiveLetter2010conf:high
2010 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help. Carol Pedersen, who handles these matters, does a terrific job”
neutralMeeting2009-05-02conf:high
Morning Session - 2009 Meeting
“We don't tell American Express who to cut off on credit cards and, you know, what they're, who they should lend to”
neutralMeeting2009-05-02conf:high
Morning Session - 2009 Meeting
“it hurt American Express, for example. You know, the average ticket went down almost 10 percent.”
neutralLetter2009conf:high
2009 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ........................ 12.7 $ 1,287 $ 6,143”
positiveLetter2009conf:high
2009 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help. Carol Pedersen, who handles these matters, does a terrific job”
historicalMeeting2008-05-03conf:high
Morning Session - 2008 Meeting
“I believe a couple of those cases were American Express and the Washington Post in the 70s”
neutralLetter2008conf:high
2008 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company .................... 13.1 $ 1,287 $ 2,812”
positiveEssay2008conf:high
Wesco 2008 Annual Meeting — Notes of Charlie Munger's Remarks (Peter Boodell)
“American Express has better customers, and we like that position, a lot.”
positiveLetter2008conf:high
2008 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help”
neutralMeeting2007-05-05conf:high
Morning Session - 2007 Meeting
“you name the company. named the company, Procter & Gamble, Coca-Cola, American Express.”
neutralMeeting2007-05-05conf:high
Afternoon Session - 2007 Meeting
“charging the equivalent amount to my American Express card on Seas Candy and Coca-Cola”
positiveLetter2007conf:high
2007 Berkshire Hathaway Shareholder Letter
“possessing a powerful world-wide brand (Coca-Cola, Gillette, American Express) is essential for sustained success.”
positiveLetter2007conf:high
2007 Berkshire Hathaway Shareholder Letter
“American Express, Coca-Cola and Procter & Gamble, three of our four largest holdings, increased per-share earnings by 12%”
positiveLetter2007conf:high
2007 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help. Carol Pedersen, who handles these matters, does a terrific job”
positiveLetter2006conf:high
2006 Berkshire Hathaway Shareholder Letter
“Ken Chenault of American Express, Jeff Immelt of G.E. and Dick Kovacevich of Wells Fargo come quickly to mind”
positiveLetter2006conf:high
2006 Berkshire Hathaway Shareholder Letter
“American Express Company ................... 12.6 $ 1,287 $ 9,198”
neutralLetter2006conf:high
2006 Berkshire Hathaway Shareholder Letter
“American Airlines (with its "miles") and American Express (with credit card points) are credited as being trailblazers”
positiveLetter2006conf:high
2006 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help.”
neutralMeeting2005-04-30conf:high
Afternoon Session - 2005 Meeting
“I watched that movie and I kept touting the American Express card. But here is our GEICO card”
positiveMeeting2005-04-30conf:high
Afternoon Session - 2005 Meeting
“We are not unhappy with Coca-Cola. We are not unhappy with American Express. We're not unhappy with, we're not unhappy with Wells Fargo or Moody's.”
neutralMeeting2005-04-30conf:low
Afternoon Session - 2005 Meeting
“when INA was being sold to A's, we, to pay two and a half billion of claims from the past”
neutralBook2005conf:high
“they have purchased meaningful stakes in public companies such as The Washington Post, Coca-Cola, Gillette, and American Express”
neutralLetter2005conf:high
2005 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ................... 12.2 $1,287 $ 7,802”
neutralLetter2005conf:high
2005 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help”
positiveBook2005conf:high
“Buffett Partnership, for example, owned American Express and Disney when they got pounded down”
neutralLetter2004conf:high
2004 Berkshire Hathaway Shareholder Letter
“151,610,700 American Express Company ................... 12.1 $1,470 $ 8,546”
neutralLetter2004conf:high
2004 Berkshire Hathaway Shareholder Letter
“Let's look at how the businesses of our "Big Four" – American Express, Coca-Cola, Gillette and Wells Fargo”
positiveLetter2004conf:high
2004 Berkshire Hathaway Shareholder Letter
“we have again signed up American Express (800-799-6634) to give you special help. They do a terrific job for us each year”
positiveMeeting2003-05-03conf:high
"Banking has been a remarkably good business"
“We actually made quite a few billions of dollars really out of banking and more in American Express.”
positiveEssay2003conf:high
Wesco 2003 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“Warren was buying American Express when the company was suffering from a scandal... he asked his partners to put 40% of his capital into American Express.”
positiveMeeting2002-05-04conf:high
How Buffett decides it's a time to sell a stock
“held American Express stock since 1991. We had actually previously been in American Express in the 60s”
neutralMeeting2002-05-04conf:high
Morning Session - 2002 Meeting
“we've held American Express stock since 1991. We had actually previously been an American Express in the 60s”
neutralEssay2002conf:high
Wesco 2002 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“American Express has had some things that didn't work out. Am I satisfied by what we know at American Express? Yes.”
positiveMeeting2001-04-28conf:high
Afternoon Session - 2001 Meeting
“thanks for American Express for the terrific job they've done the last three times in scheduling reservations”
positiveMeeting2001-04-28conf:high
Afternoon Session - 2001 Meeting
“What you said about the American Express people, I echo, I mean, they have just done a fabulous job with people...they've been so good we don't even think about it.”
positiveEssay2001conf:high
Wesco 2001 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)
“one of Berkshire's largest holdings is American Express, so we think it has a great future.”
neutralMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“do you have the same view of American Express? That is, do you view American Express as, quote, the inevitable?”
positiveMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“American Express had a very special position in people's mind about financial integrity over the years and ubiquity of acceptance.”
positiveMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“American Express went in, and they started charging more than diners club for the card. And they kept taking market share away. Well, that is a great position to be in”
positiveMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“Harvey Gallum, along with a lot of other people in the management, have done an extremely good job of reaffirming, intensifying the cash.”
positiveMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“We own about 11% of American Express. So when there are 300 billion of charges, we're getting 33 billion of those for the account of Berkshire”
positiveMeeting2000-04-29conf:high
Morning Session - 2000 Meeting
“American Express was a good example. And when we bought it in 1964, a fellow named Tino DeAngelis had caused them incredible trouble.”
positiveMeeting2000-04-29conf:high
Afternoon Session - 2000 Meeting
“It's not a Coca-Cola-type business or a Gillette-type business or even an American Express business”
neutralMeeting1999-05-03conf:high
Afternoon Session - 1999 Meeting
“American Express declined the $500,000 we tried to put in my car.”
positiveMeeting1999-05-03conf:high
Morning Session - 1999 Meeting
“we buy more shares of either Coke or Gillette or American Express or some of those other wonderful companies we own”
positiveMeeting1998-05-04conf:high
Afternoon Session - 1998 Meeting
“all three of our largest holdings, American Express, Gillette and Coke, and we're talking about $25 billion of market value”
neutralMeeting1998-05-04conf:high
Afternoon Session - 1998 Meeting
“maybe the same is true of American Express. So that's built in to what we, our evaluation of those businesses.”
positiveMeeting1998-05-04conf:high
Afternoon Session - 1998 Meeting
“If Harvey Gallup at American Express, who has absolutely been a sensational job force”
positiveMeeting1998-05-04conf:high
Afternoon Session - 1998 Meeting
“I did that with American Express back in the same way. and expressed back in the 60s, and essentially the Scuttlebutt approach so reinforced my feeling about it that I kept buying more and more and mo”
neutralMeeting1998-05-04conf:high
Morning Session - 1998 Meeting
“It's $5 billion in American Express. I mean, it is close to a non-event”
neutralMeeting1997-05-05conf:high
Afternoon Session - 1997 Meeting
“Harvey Gallup, who runs American Express in a system, American Express and has done a terrific job of running.”
neutralMeeting1997-05-05conf:high
Afternoon Session - 1997 Meeting
“American Express give the furniture mark the reasons why furniture mart will be better off using American Express”
neutralMeeting1996-05-06conf:high
Afternoon Session - 1996 Meeting
“American Express's strategy to deal with their declining market share in the credit card industry”
neutralMeeting1996-05-06conf:high
Afternoon Session - 1996 Meeting
“American Express needs to establish special value for its card in some way, or it gets more commodity-like.”
neutralMeeting1996-05-06conf:high
Afternoon Session - 1996 Meeting
“American Express has slipped over from where they were 20 years ago, obviously, in the credit card business.”
neutralMeeting1996-05-06conf:high
Afternoon Session - 1996 Meeting
“American Express itself backed into the business because they were worried about what was going to happen to their travelers”
historicalMeeting1996-05-06conf:high
Afternoon Session - 1996 Meeting
“we did well back in 1964 because American Express ran into a crook”
neutralLetter1996conf:high
1996 Berkshire Hathaway Shareholder Letter
“49,456,900 American Express Company...........$1,392.7 $ 2,794.3”
neutralLetter1996conf:high
1996 Berkshire Hathaway Shareholder Letter
“American Express (800-799-6634) will be happy to help you with arrangements.”
neutralMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“preferred shares of several companies solomon u.s air american express”
neutralMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“I'm very interested in your recent purchase and your future intention of American Express. And as I understand the company”
neutralMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“The question about American Express, We own just under 10% of American Express. And obviously, even though you mentioned there in a number of businesses, the, by far, the key, the most important facto”
neutralMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“key IDS, which has now been renamed, but is a very big part of American Express accounts for close to a third”
positiveMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“we think that the management of American Express thinks well about the question of how you keep the card special”
neutralMeeting1995-05-01conf:high
Morning Session - 1995 Meeting
“American Express card, as you know, had a terribly strong position in what they call the travel and entertainment”
neutralMeeting1995-05-01conf:high
Afternoon Session - 1995 Meeting
“you mentioned American Express earlier, and I was curious as to whether the fact that credit card usage is only 10, percent of all transactions”
positiveLetter1995conf:high
1995 Berkshire Hathaway Shareholder Letter
“American Express, in which we increased our ownership to about 10%.”
neutralLetter1995conf:high
1995 Berkshire Hathaway Shareholder Letter
“Our $300 million private purchase of American Express "Percs" - described in the 1991 Annual Report - is not included in the table”
historicalLecture1994-04-14conf:high
USC Lecture: A Lesson on Elementary, Worldly Wisdom (1994)
“Buffett Partnership, for example, owned American Express and Disney when they got pounded down.”
neutralLetter1994conf:high
1994 Berkshire Hathaway Shareholder Letter
“American Express Company ...... 5.5% 2.4% $ 25(2) $ 16”
neutralLetter1994conf:high
1994 Berkshire Hathaway Shareholder Letter
“American Express Company. .......... $ 723,919 $ 818,918”
positiveLetter1994conf:high
1994 Berkshire Hathaway Shareholder Letter
“we went that direction by enlarging our holdings in Coca-Cola and American Express.”
positiveLetter1994conf:high
1994 Berkshire Hathaway Shareholder Letter
“we put about 40% of Buffett Partnership Ltd.'s capital into the stock - the largest investment the partnership had ever made.”
neutralLetter1994conf:high
1994 Berkshire Hathaway Shareholder Letter
“My history with Amex's IDS unit, which today contributes about a third of the earnings of the company”
neutralLetter1992conf:high
1992 Berkshire Hathaway Shareholder Letter
“American Express "Percs" ....... 300,000 309,000”
neutralLetter1991conf:high
1991 Berkshire Hathaway Shareholder Letter
“large, but not controlling, blocks of stock comparable to those we hold in Capital Cities, Salomon, Gillette, USAir, Champion, and American Express”
neutralLetter1991conf:high
1991 Berkshire Hathaway Shareholder Letter
“we purchased fixed-income securities of American Express and First Empire State Corp.”
positiveLetter1989conf:high
1989 Berkshire Hathaway Shareholder Letter
“a great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable, problem as was the case many years back at both American Express and GEICO”
historicalLetter1980conf:high
1980 Berkshire Hathaway Shareholder Letter
“American Express in 1964 following the salad oil scandal. Both were one-of-a-kind companies, temporarily reeling”