During the October–December period, Berkshire pared its Amazon stake by more than 75 per cent, reducing its holding to roughly 2.3 million shares. The conglomerate had first invested in Amazon in 2019, when Buffett acknowledged that despite his long-standing reluctance toward technology plays, he’d been “an idiot for not buying” the online retail giant’s shares earlier.
Warren Buffett Slashes Amazon Stake — And Bet Big On The New York Times Company
view original post