Warren Buffett has been buying Amazon shares, crediting two deputies at Berkshire Hathaway who have ‘younger eyes’
New York — Warren Buffett has said that he underestimated Amazons Jeff Bezos. Now one of Buffett’s deputies is willing to put money behind the tech giant.
Combs and Weschler have gained influence at Berkshire in recent years. Buffett credited some of his conglomerate’s purchases of airline stocks and Apple to the deputies and noted their involvement in helping Berkshire beyond their stock-picking duties. Buffett, 88, and long-time business partner, Charles Munger, 95, have praised the pair, with Munger saying they give Berkshire “younger eyes.”
Amazon’s stock, up 27% this year at Thursday’s close, climbed 2.2% at 9.40am in New York. Buffett’s assistant didn’t immediately respond to a message seeking comment.
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