Warren Buffett's Berkshire reveals $900 mn Amazon stake
He said that someone at Berkshire`s asset management desk just invested in some Amazon shares but "it wasn`t me." "One of the fellows in the office that manage money ... bought some Amazon," Buffett was quoted as saying. The stake in Amazon is a first for the investment conglomerate. Buffett has repeatedly praised Amazon and its CEO Jeff Bezos in the past.
Warren Buffett`s Berkshire Hathaway had shares worth $904 million in e-commerce giant Amazon at the end of March 31, Photo: Reuters