Warren Buffett’s 5 Longest Held Stocks

2. American Express Company (NYSE:AXP)

Warren Buffett’s First Major Purchase: 1991

Mr. Buffett has had a storied past with American Express Company (NYSE:AXP), and if you’re really eager to see how he has evolved as an investor, then do check out the first part of this piece. While he first dabbled in the shares in the 60s, his first major purchase came in 1991. As of 2023’s first quarter, he owns 151 million shares that are worth ‘just’ $29 billion. What’s more is that he has continued to own 151 million shares since 2010 at the very least, when they were worth $6.5 billion.

Along with the Oracle, 77 of the 943 hedge funds part of Insider Monkey’s database had also owned American Express Company (NYSE:AXP)’s shares. If you hadn’t guessed, he’s the firm’s largest investor as well.

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