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  1. Warren Buffett’s Berkshire Hathaway has taken a stake in Amazon (+3.24%), the investing demigod told CNBC. Important programming note: Buffett made it clear it wasn’t he who bought Amazon stock, but rather “one of the fellows in the office that manage money.” He has a name, Warren. And that name is likely Todd Combs or Ted Weschler, Buffett’s protégés at Berkshire. That Berkshire (or Todd or Ted) is investing in Amazon is significant. Buffett’s held a special place in his Coke-filled heart for Amazon and CEO Jeff Bezos, but he never bought shares... "I’ve been an idiot for not
  2. Warren Buffett's conglomerate interrupted a beautiful Saturday by reporting quarterly earnings. But we'll forgive him. Because Buffett's empire touches, well, just about every aspect of the U.S. business landscape (okay, maybe not esports...yet), checking out Berkshire's quarterly reports gives us a window into the health of the economy. Quick timeout: If you've never been to Berkshire's website before...here's a taste of what you can expect. Web developers, you might want to submit a résumé. So...how'd it do? At a high level—really darn well. Net income almostÂ
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