Jump to content

BREAKING: Warren Buffett’s Berkshire Hathaway reveals $900 million Amazon stake


Recommended Posts

Posted

Warren Buffett’s Berkshire Hathaway on Wednesday revealed in a government filing the size of its stake in e-commerce giant Amazon.

Berkshire’s stake in Amazon was 483,300 shares at the end of the quarter ended March 31, according to a filing at the Securities and Exchange Commission. The value of that stake was $904 million by the closing bell Wednesday afternoon.

105189322-_Y2A2302.JPG?v=1544107938&w=74

Buffett first disclosed the new investment in Amazon to CNBC on May 2, a day before Berkshire’s annual shareholder meeting in Omaha. The size of the position, however, had not previously been reported to the public.

The renowned value investor — though a fan of Amazon and its CEO Jeff Bezos — also told CNBC earlier this month that he isn’t responsible for Berkshire’s investment.

“One of the fellows in the office that manage money ... bought some Amazon so it will show up in the 13F,” Buffett said on May 2. Buffett was likely referring to one of his two lieutenants, Todd Combs or Ted Weschler, who each manage portfolios of more than $13 billion in equities for Berkshire.

“Yeah, I’ve been a fan, and I’ve been an idiot for not buying” Amazon shares, Buffett said at the time. “But I want you to know it’s no personality changes taking place.”

Posted

tata mahanubavudu .... eppudo jan starting lo koni untadu ... 

Posted
2 minutes ago, solman said:

tata mahanubavudu .... eppudo jan starting lo koni untadu ... 

Rich getting Richer

Posted
Just now, tacobell fan said:

Rich getting Richer

meeke telyali uncle avi anni... meeru ante rich kids

Posted
1 minute ago, idibezwada said:

ok ok...we agreed you are db warren buffet..

ezgif-231807171.gif?1437556466

Posted

Ala undali bro..entha rich aina oka cell lekunda...patha intlo, chinna oorilo...ala inka evaru cheyaleru anukunta naku telisi except Mother Theresa and @Amrita

Posted
9 minutes ago, LastManStanding said:

Ala undali bro..entha rich aina oka cell lekunda...patha intlo, chinna oorilo...ala inka evaru cheyaleru anukunta naku telisi except Mother Theresa and @Amrita

@3$%

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...