16-05-2019 04:30

Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock

By CCN: By the end of Wednesday’s trading, Warren Buffett’s company Berkshire Hathaway had a stake in Amazon’s stock worth $904 million, an SEC disclosure reveals. To get a sense of scale for how big Amazon.com is, the $900 million stake in Amazon’s stock only puts Berkshire Hathaway in control of 0.1% of the e-commerce giant’s retail empire. Warren Buffett disclosed the mammoth Amazon stock acquisition to CNBC earlier in the month but didn’t disclose the
Read more »