Warren Buffett Sells Majority Stake in Amazon as He Retires from Berkshire Hathaway
On December 31, Warren Buffett officially retired as CEO of Berkshire Hathaway and passed leadership to Greg Abel. In the quarters leading up to his retirement, Buffett sold off 77% of Berkshire's stake in Amazon (AMZN) while increasing investments in a high-performing virtual monopoly.
Tickers: $AMZN
Topics: Amazon Berkshire Hathaway investment strategy stock sales Warren Buffett