Warren Buffett on Thursday evening revealed to CNBC that his Berkshire Hathaway conglomerate has taken a stake in Amazon. The legendary investor will hope lightning strikes twice: he made a massive $246 million — an 84% return in five years — on a previous investment in the e-commerce titan.
Buffett called himself “an idiot for not buying” Amazon shares before. He joked there were “no personality changes taking place” as one of Berkshire Hathaway’s investment managers purchased the stock.
