Get DO Help

Buffett's Berkshire Unveils $861 Million Amazon Stake


Buffett's Berkshire Unveils $861 Million Amazon Stake

Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos. 

The size of the investment was disclosed in a regulatory filing detailing Berkshire's US listed stocks as of March 31. 

Wednesday's filing includes investments by Buffett and his portfolio managers Todd Combs and Ted Weschler, but does not say who bought and sold what.

Berkshire also invests in JPMorgan, and boosted its holdings in the largest U.S. bank by 19 per cent in the first quarter to 59.5 million shares, worth $6.02 billion. 

Among other portfolio changes, Berkshire reported adding to its stakes in Delta Air Lines Inc, PNC Financial Services Group Inc and software company Red Hat Inc, and paring stakes in oil refiner Phillips 66, Southwest Airlines Co and Wells Fargo & Co. 

Humble Request : If you want to help needy an poor people worldwide then you can choose below ways to help them.

  1. Advertise With Us and Help Needy and Poor People - Advertise with us and help needy and poor people because we use all income from Get Do Help Portal by advertisement or by donation or by any other ways like Google AdSense and other sites will use for help needy and poor people worldwide only. So advertise your website or products to increase your brand popularity and sales and help needy and poor people indirectly.

  2. Register with us as volunteer and register needy people nearby you at Get Do Help portal. You will get credit points for each verified needy people registration at our portal. So you can earn with social work at get do help portal.

  3. Donate things or products like marriage clothes, shoes, book, vehicle, land etc. and we will list those items after received successfully to our portal and needy people can apply to get those products here.

  4. Donate Money means you can donate directly to any needy people registered here or can donate directly to us. We will use all donation to help needy people offline and online. All details will be available at our portal that what amount we use where.

  5. Buy Credits, If you don't want to donate but want to help then you can choose our "Money Back Offer", with this package you will buy credits for at least 6 months or 12 months and after this duration you can apply for your money from your My Account Section and we will pay you with applicable interest (about 1% to 3%). By this way you help us to grow our services more and your money is completely safe with us. 

  6. If you are not able to help by money or donate products then share our blog, website, needy people profile to social platform like on Facebook, Twitter, LinkedIn etc. to make us popular worldwide to help needy and poor people worldwide and you will get credits for share also. So you are helping us and needy people to explore more and more worldwide to find donors and you will earn also.

So share your hand with us. And do some social work to help needy people worldwide from one and only one portal Get Do Help.

Related keywords : Buffett's Berkshire unveils million USD, amazon stake, get do help news

Recent Comments

Leave Comments

Top