Warren Buffett will step down as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) by the end of this year, and many investors are likely wondering whether his successor, Greg Abel, can maintain ...

Dragged down by declines for shares of American Express and Visa, the Dow Jones Industrial Average is declining Monday morning. Shares of American Express and Visa have contributed to the blue-chip ...

American Express and Visa are both long-term Berkshire investments. Visa's lightweight business model allows it to expand more quickly than American Express. But American Express is better insulated ...

Berkshire Hathaway began building its initial $1.3 billion position in American Express in 1991, continuing its purchases through 1995. That investment in what was then a bank holding and payments ...