Warren Buffett, a super-smart investor, is famous for picking great companies to invest in. He waited a bit to invest in Amazon, a giant company that sells things online and helps other businesses store their information in the cloud. But even buying later, his investment has made a lot of money!
- Amazon is a leader in online shopping and cloud computing (like a giant digital storage space).
- Buffett believes Amazon's investments in artificial intelligence (AI) – smart computers – will make it even bigger.
- Amazon's stock price has gone up a lot since Buffett invested.
Fact | Number |
---|---|
Amazon's stock price increase since Buffett invested | About 150% |
Buffett's average yearly return at Berkshire Hathaway | Nearly 20% |