Wednesday, April 21

Berkshire Hathaway has been buying Amazon shares: CNBC

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, at the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking

(Reuters) – Berkshire Hathaway Inc has been buying shares of Amazon.com Inc, according to Chief Executive Officer Warren Buffett, CNBC reported on Thursday.

“One of the fellows in the office that manage money … bought some Amazon (shares) so it will show up in the 13F” later this month, Buffett said, according to the report.

Buffett’s portfolio managers are Todd Combs and Ted Weschler, but the report did not say who was the buyer or how much he bought.

Reporting by Aakash Jagadeesh Babu in Bengaluru, Editing by Rosalba O’Brien

Our Standards:The Thomson Reuters Trust Principles.


Leave a Reply

Your email address will not be published. Required fields are marked *