Site Search
Google Search
search button

Breaking News:

Carl Bernstein Says Donald Trump Is 'Cornered' for the 'First Time in His Life'      - | -     Chris Christie Belives Prosecutors Likely Have 'Corroborating' Evidence that Trump Violated Campaign Finance Laws      - | -     Schiff Predicts Trump Could Face Time in Prison      - | -     Jared Kushner Advised Crown Prince on How to 'Weather' Khashoggi Scandal      - | -     After Comey Testifies, He Says It's Obvious Trump Obstructed Justice      - | -     GOP Congressman Invokes 'The Deep State'
Warren Buffett Admits He Blew It With Amazon
Get National News Alerts

viewsViews 528
16 May 2018 04:58 AM EST

At the Berkshire Hathaway annual meeting earlier this month, Buffett talked about turning down Amazon as one of the decisions he regrets. He decided not to invest in Amazon back in 1997 when he was pitched to invest in its IPO, but passed. Amazon launched on the public markets that year at $18 a share.
He said at the meeting, "The truth is that I've watched Amazon from the start and I think what Jeff Bezos has done is something close to a miracle, and the problem is if I think something is going to be a miracle I tend not to bet on it."
He reiterated praise for Amazon founder Jeff Bezos calling him "an extraordinarily clear thinker as well as being a brilliant thinker."

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY