The Motley Fool Singapore
Has Berkshire Hathaway Moved Away From Value Investing by Investing in Amazon.com?
That was precisely the question asked during the 2019 annual general meeting (AGM) for Berkshire Hathaway, a conglomerate controlled by well-known investors Warren Buffett and Charlie Munger. The Amaz(ing) debate Earlier this month, Berkshire Hathaway revealed that it bought a stake in online retailing giant Amazon.com. Amazon is far from the traditional “value” stock, with a heady price-to-earnings (P/E) ratio of 78. The debatable purchase prompted a question from a shareholder during Berkshire Hathaway’s AGM. The shareholder asked: “With the full understanding that Warren had no input on the Amazon purchase, and that, relative to Berkshire, it’s likely a small stake, the investment still caught me off guard. I’m wondering if I should begin to think differently about Berkshire