We’ve watched Amazon hit over $1,000 a share this year and make its CEO Jeff Bezos an extremely wealthy man and now the most wealthiest man in the world.
Warren Buffet is another extremely wealthy man that calls Amazon one of his biggest regrets.
The man with a net worth over $81 billion, regrets not investing into the tech giant’s stock when he had the chance.
The Berkshire Hathaway leader said back in May, that he wished he had picked Amazon as his value tech stock over IBM. He also admitted to CNBC that he was “too dumb” to see the potential that Amazon had.
Buffett admitted, “I did not think [founder Jeff Bezos] could succeed on the scale he has. [I] underestimated the brilliance of the execution.”
Bezos has a net worth of over $90 billion now.
According to Buffet, Bezos is “the most remarkable business person of our age.”