Foolish bottom line
You should never invest in a company just because someone else does, even if that someone is Warren Buffett. But when the age’s arguably greatest investor makes a company one of his top investments, it’s a fact worth serious consideration. Add to that the other six points we’ve discussed today, and you definitely have an investment worth serious consideration.
The article 7 Things You Need to Know About American Express originally appeared on Fool.com.
Fool contributor John Grgurich owns shares of Citigroup, and JPMorgan Chase. Follow John’s dispatches from the not-so-muddy trenches of big-banking and high-finance on Twitter @TMFGrgurich. The Motley Fool recommends American Express, Berkshire Hathaway, and Wells Fargo. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, Citigroup, JPMorgan Chase, and Wells Fargo.
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