Berkshire Reports Synchrony Stake

The video discusses Synchrony, a financial services company spun out from GE, known for its store cards like those offered at JCPenney. It compares Synchrony to American Express, highlighting its focus on customers with lower credit scores. Despite recent challenges, including credit quality issues and being the worst performer on the S&P 500 financial index, Warren Buffett sees potential in Synchrony due to its organic growth and strategic partnerships with retailers.

Why do some believe that now is the time to invest in Synchrony?

What strategies has Synchrony employed to achieve organic growth?