Warren Buffett's Berkshire Hathaway buys Amazon shares

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

At Berkshire Hathaway's annual shareholders meeting, Warren Buffett explains why he has been buying shares of Amazon

Not anymore. Buffett revealed on Thursday that Berkshire Hathaway has been buying Amazon shares, noting that the exact amount will be disclosed in Berkshire's quarterly report to the United States Securities and Exchange Commission later this month. "One of the fellows in the office that manage money ... bought some Amazon," Buffett said in an interview with CNBC. He was referring to Berkshire Hathaway's top investment managers Ted Weschler or Todd Combs, according to CNBC.

"Yeah, I've been a fan, and I've been an idiot for not buying" Amazon shares, Buffett told CNBC."But I want you to know it's no personality changes taking place."Last year, Buffett teamed up with Amazon and JPMorgan Chase to tackle the United States' soaring health care costs.Warren Buffett gets in the middle of oil bidding warBerkshire Hathaway has lagged the broader market this year. The stock is up just 6.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Because it the fastest growing company in the world? And Jeff is a cheap ass

Amazon is killing the planet with the shipment of packages. Boxes, plastic packing material, trucking. Damaging infrastructure. Killing the large and small business storefront too. WHERE IS THE OUTRAGE? AOC

In a courtroom, that is what's called a leading question.

They took mail order catalogs and put it online, speeding up delivery time while lowering advertising cost. Lots of online realtors were doing this at the start, they just did it the best via... Luck really. Books have a diverse audience, that is a big cross section to start at.

I’m sure he’s buying shares because he is going to make a lot of money by doing that.... he’s Smart!! Buffett smart

So just why is this not white privileged? Because he is a lefty!

Well yes he is pretty right actually. Amazon has been doing a pretty good job. Its indeed Amazing.

the dude is so old tat he may aswell die any day and here he is buying stockshahahahahahaah

Make me sick

.BernieSanders and Warrenbuffet look like twins

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Factbox: Warren Buffett, Berkshire Hathaway at a glanceWarren Buffett will host tens of thousands of people in Omaha, Nebraska from May... and a feminist
Source: Reuters - 🏆 2. / 97 Read more »

Berkshire Hathaway has been buying shares of Amazon, Warren Buffett saysBerkshire Hathaway has been buying shares of Amazon. But Warren Buffett isn't the one behind the purchases. 😂🤣😂🤣🤣 I cried today
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett Says Berkshire Has Taken Stake in AmazonBuffett has praised Jeff Bezos in the past and said he erred in not investing in Amazon early on in case anyone was on the fence about whether it was “too late” Hey, that's what I said too.
Source: WSJ - 🏆 98. / 63 Read more »

Berkshire has bought Amazon stock, but Warren Buffett says it wasn’t him“One of the fellows in the office .. bought some Amazon,' Warren Buffett says, ahead of Berkshire Hathaway's annual meeting this weekend. Not the guy to take tech stock advice from Nice Crap. Your killing my covered calls Friday
Source: MarketWatch - 🏆 3. / 97 Read more »

When Warren Buffett Takes the Stage, Try Your Hand at Berkshire BingoOptimism about America. Criticism of hedge funds. Disparagement of vegetables. Play along as the Berkshire Hathaway chairman hits on his favorite topics at his company’s annual meeting.
Source: WSJ - 🏆 98. / 63 Read more »

5 things Berkshire Hathaway shareholders want to know from Warren Buffett at the annual meetingThis guide breaks down these issues to help better navigate the hoopla surrounding this year's 'Woodstock for Capitalists.'
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett's advice for investors is to 'never listen to people like me'Berkshire Hathaway billionaire Warren Buffett gave Yahoo Finance his (sometimes cheeky) investing dos and don'ts. BizTechia MakeIt Créanme, si no, miren lo de KHC. MakeIt I think he listens to tastytrade and Tom MakeIt Thinkng your crypto is sucred on exchance, Only to wake up one morning and see that everything has disappeared somewhere. Do not make same mistake other made, get hardware wallet directly from Ledger
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett says his life is 'a vacation every day'—and it has nothing to do with moneyWarren Buffett says his life is 'a vacation every day'—and it has nothing to do with money via CNBCMakeIt MakeIt Then why don't you take that money & give so.e to the homeless vets Starving children Struggling families Not the money...bulls*** MakeIt Lol lies MakeIt 'But Buffett says his financial success isn’t the root of his happiness — it’s that he enjoys his work and his loved ones.'
Source: CNBC - 🏆 12. / 72 Read more »

Pilgrimage to see Warren Buffett out of step with populist moodWhen Warren Buffett takes the stage at Berkshire Hathaway Inc's shareholder... “Pilgrimage” is the third best song on REM’s Murmur album Reuters,stop spreading B.S. !!!!!!!!!!!!! 'populist.' politics for rubes.
Source: Reuters - 🏆 2. / 97 Read more »

Warren Buffett on not investing in Amazon — and why it's not his biggest mistake'I didn't realize you could go from books to what's happened there,' Berkshire Hathaway CEO and chairman Warren Buffett says of the rise of Amazon. MakeIt Amazon has been an interesting company to watch... MakeIt His biggest mistake is dogging Bitcoin, and he missed it... repeatedly
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett says Berkshire's purchase of high-flying Amazon was still 'value investing'Berkshire Hathaway's Amazon bet seems to stray from Warren Buffett's value investing style, but the Oracle of Omaha said the e-commence giant is exactly a value company. Only if you use the wrong assumptions. If Amazon amounts to 'value investing', then the term itself is meaningless... Anything can be termed value investing if you assume 20% annual growth far enough into the future...
Source: CNBC - 🏆 12. / 72 Read more »