(Reuters) – Warren Buffett’s Berkshire Hathaway Inc mentioned it owned $860.6 million of Amazon.com Inc shares on the finish of March, after the billionaire admitted to underestimating the net retailer and its Chief Govt Jeff Bezos.
FILE PHOTO: The brand of Amazon is seen on the firm logistics centre in Boves, France, Jan. 19, 2019. REUTERS/Pascal Rossignol/File Photograph
The dimensions of the funding was disclosed in a regulatory submitting detailing Berkshire’s U.S.-listed shares as of March 31.
Wednesday’s submitting contains investments by Buffett and his portfolio managers Todd Combs and Ted Weschler, however doesn’t say who purchased and offered…