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Buffett has been there before with American Express

http://beginnersinvest.about.com/cs/warrenbuffett/a/aawarren...

1964: Due to a fraud scandal, American Express shares fall to $35. While the world is selling the stock, Buffett begins to buy shares en masse.

1965: The American Express shares which were purchased shortly before are selling for more than double the price Warren paid for the them

1967: American Express hits over $180 per share, making the partnership $20 million in profit on a $13 million investment.
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