- Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.
Wednesday’s filing includes investments by Buffett and his portfolio managers Todd Combs and Ted Weschler, but does not say who bought and sold what. Berkshire also invests in JPMorgan, and boosted its holdings in the largest U.S. bank by 19 percent in the first quarter to 59.5 million shares, worth $6.02 billion.“I don’t mind not having caught Amazon early. The guy is kind of a miracle worker,” Munger said at Berkshire’s annual shareholder meeting on May 4, referring to Bezos. “It’s very peculiar. I give myself a pass on that.”
Fine. Maybe you can change the mindset that looks at workers as mindless robots, instead of human beings made of mortality and time.
JeffBezos jimcramer GoldmanSachs FT 247WallSt voxdotcom barronsonline nytimes Buffett told CNBC that the 483,300 share Amazon investment, which would now be worth $904 million, was made by Combs or Weschler, and that he had been “an idiot” for not investing in Amazon...
Shirkbeer Riverphuche
million 😂
Boo!
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