Buffett said that the dividends Berkshire Hathaway received just from its original $1.3 billion investment in American Express stock has ballooned from $41 million in 1995 to $302 million in 2022 alone. It uses that money for all sorts of functions in its own business, and individual investors can use dividend payments as passive income.

Warren Buffett is known for his value approach to investing, and that was on display again in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter trades. Both of these stocks fit the classic Buffett schema.

Among Berkshire Hathaway’s largest holdings is a financial information-services company. The sector’s results speak for themselves.

Coca-Cola is one of Berkshire's longest-held investments. Buffett originally bought the stock in the late 1980s and bought more shares in 1994. Berkshire still holds 400 million shares after stock splits, worth $28.7 billion at the end of Q3.