Buffett Stays with American Express

Recently, American Express has been going through a tough time. Due to rising competition from large banking conglomerates including J.P. Morgan and a tough US dollar, the company missed analyst expectations for revenue by $260 million during the first quarter. American Express even lost one of their large sources of credit card sign ups due …

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Berkshire Hathaway Dumps Deere, Adds Express Scripts

Over the last three years, Berkshire Hathaway, for the second time, has bought shares in a pharmacy related company. So it’s no surprise that Berkshire Hathaway’s Warren Buffett really likes the pharmacy business. During the third quarter, Berkshire Hathaway, owned by Warren Buffett, added shares of Express Scripts to its portfolio, and is widely followed …

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Berkshire Hathaway Adds to Bank of NY Mellon, US Bancorp Stake

Berkshire Hathaway, the investment company owned by Warren Buffett, recently increased its stake in Bank of New York Mellon and U.S. Bancorp during the second quarter. The multi-billion dollar conglomerate, in a disclosed regulatory filing, shared that they purchased around 840,000 shares of U.S. Bancorp stock. This raises their stake in the company based out …

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Buffett Boosts Stake in Wells Fargo… Again

It’s no big secret that Wells Fargo is one of the biggest holdings in Berkshire Hathaway’s portfolio at this time. Warren Buffett has once again increased his stake in the company, and the total Berkshire Hathaway investment in Wells Fargo is now about $19 billion. Over the last year, the shares have generated returns in …

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A Few Things to Know About Berkshire Hathaway

If you’re thinking about investing in Berkshire Hathaway, there are probably a few things you need to know about the company before you make your overall decision. That’s why we wanted to share a few important insights about this investing conglomerate with you today. So take a look over our shoulder and get a behind-the-scenes …

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Have Weschler & Combs Picked Any Winners?

If you don’t already know, Berkshire Hathaway hired two individuals to manage their portfolio. This was done so they have a team of three people that will be able to take over once Berkshire Hathaway founder and Chairman Warren Buffett finally retires. There is no date as of now when he plans on retiring. Todd …

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