Warren Buffett says Berkshire Hathaway buys shares in Amazon



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Berkshire Hathaway buys shares in Amazon, according to a CNBC report released Thursday.

Warren Buffett, president and CEO of Berkshire, did not directly buy Amazon shares himself.

The shares were bought by "one of the bureau members who manage money," Buffett told CNBC, saying Buffett might be referring to investment managers Todd Combs or Ted Weschler, both of whom manage large portfolios containing holdings in Berkshire.

For his part, Buffett expressed regret that he did not act earlier with the e-commerce giant.

"Yes, I 've been a fan and I' ve been foolish not to buy," said Buffett, referring to Amazon 's stock. "But I want you to know that there is no personality change."

Read more: Warren Buffett made 12 predictions about bitcoin, table tennis and his death – here's how they turned out

Buffett reportedly made these comments one day before Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska. Berkshire's shares should be unveiled during the asset release to the Securities and Exchange Commission in May.

Buffett was generally known to be unfavorable to technology stocks. It has changed course in recent years and has made some appreciative remarks about some of the most prominent technology companies.

"The truth is that I've been watching Amazon since the beginning and I think what Jeff Bezos has done is almost a miracle," Buffett said at the 2018 annual meeting. if I think something is going to happen … be a miracle, I tend not to bet on it. "

"I missed things that were part of my circle and it's a terrible mistake," Buffett said in an interview with Yahoo Finance on Wednesday. "These are my biggest mistakes, you did not see them, but … it's not a mistake because Netscape or something like that misses me."

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