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Greg Abel's Berkshire Hathaway Collected $479 Million in Dividends Last Year from an American Express Stake That Cost $1.3 Billion. You Can Put the Same Principles to Work for Yourself.

Imagine spending $1.3 billion on an investment and then collecting $479 million from it -- for the year.

  • Greg Abel collected $479 million in dividends from American Express in 2025.
  • Berkshire Hathaway invested $1.3 billion in American Express over multiple years ending in 1995.
  • American Express offers payment cards, banking, travel support, and expense management tools.

Saturday assorted links

1. GLM-5.3 understands Bob Lucas (and then some). It amuses me how many basic principles of economics are being rediscovered in these new contexts. 2. Most famous book tied to every U.S. state.

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