“One of the fellows in the office .. bought some Amazon,' Warren Buffett says, ahead of Berkshire Hathaway's annual meeting this weekend.
Someone at Berkshire Hathaway Inc. has been buying stock in Amazon.com Inc., but “it wasn’t me,” Warren Buffett says.
That suggests the purchases were made by Todd Combs or Ted Weschler, who run their portfolios independently of Buffett. He did not say how many shares the investing company bought. Buffett and his company are well known for buying value stocks, and many investors keep a close eye on the companies he invests in.
“I’ve been a fan, and I’ve been an idiot for not buying,” Buffett said. “But I want you to know it’s no personality changes taking place.”
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