
Episode #96
American Express - Why Buffett likes it more than Visa and Mastercard?
<p>American Express is one of Warren Buffett's longest-standing bets. For over three decades, Berkshire Hathaway has held onto AmEx, through recessions, market crashes, and massive shifts in the payments industry. This is interesting given that AmEx operates a far smaller network than Visa and Mastercard.</p> <p>So what makes AmEx different? Why has Buffett never sold? And how does a company with fewer cards and lower acceptance still generate outsized returns? </p> <p>Listen to American Express' interesting story in this season finale.</p> <p><p>Zerodha Varsity on Social Media:</p><p>Instagram: https://www.instagram.com/z...

