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Berkshire Hathaway Inc.'s stake in Amazon.com Inc. , which Berkshire Chairman Warren Buffett described as “One of the fellows in the office ... bought some...
Berkshire Hathaway Inc.'s BRK.A, -0.41% stake in Amazon.com Inc. AMZN, +1.69% which Berkshire Chairman Warren Buffett described as “One of the fellows in the office . bought some Amazon," is worth more than $900 million, according to a Wednesday filing.
Berkshire Hathaway Inc.'s BRK.A, -0.41% stake in Amazon.com Inc. AMZN, +1.69% which Berkshire Chairman Warren Buffett described as “One of the fellows in the office ... bought some Amazon," is worth more than $900 million, according to a Wednesday filing. In a filing with the Securities and Exchange Commission, Berkshire reported owning 483,300 shares in the e-commerce and cloud-computing powerhouse, which was worth $904.3 million at Amazon's closing price of $1,871.15. Berkshire has largely avoided young technology companies and instead jumped into mature tech companies like IBM Corp. IBM, +0.82% and Apple Inc. AAPL, +1.20% when Buffett sees value. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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