Bank Stocks: Buffett and Berkshire

bank stocks: Berkshire Hathaway BRK.B, 1.28% said in filings with the Securities and Exchange Commission on Wednesday that it owned 537,300 Amazon AMZN, 0.75% shares at the end of June, up from 483,300 shares, according to Market Watch. Buffett first revealed Berkshire Hathaway's stake in Amazon in May, although he said one of the company's two other investment managers made the pick. Billionaire Warren Buffett's company has been adding more Amazon shares to its investment cart. Read Warren Buffett is a big fan of bank stocks to the tune of 100 billion Investors follow what Berkshire buys and sells closely because of Buffett's successful track record. The quarterly filings don't make clear who made all the investments. Berkshire officials don't generally comment on these quarterly filings. (news.financializer.com). As reported in the news.

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