"Berkshire slashed its Amazon position by 77%, continuing a pattern of reducing big tech exposure. This follows Berkshire's well-documented Apple trimming and reflects Buffett's broader cash-raising mode as the company transitions to Greg Abel's leadership. Buffett has never been comfortable with businesses he doesn't fully understand, and Amazon's sprawling empire of AWS, advertising, and retail may be too complex for his taste."
"Pelosi, meanwhile, has been actively trading Amazon. After her family's account sold 20,000 shares on December 24th, it added 20 call options on the company on December 30th. On January 16th, she exercised calls on Amazon, adding 5,000 shares. So it appears that after reducing Amazon before Christmas, Pelosi is now once again adding to her holdings in the company, including calls at a $120 strike price that expire next January."
"Two of the most scrutinized investors in America just made opposite bets on Amazon.com (NASDAQ:AMZN | AMZN Price Prediction). Warren Buffett's Berkshire Hathaway dumped 77% of its Amazon stake in the most recent 13F filing, while Nancy Pelosi added Amazon call options in her latest congressional disclosure. With Amazon down 15.9% over the past month and trading at $201.15, this is one of the most fascinating bull-versus-bear debates in markets right now."
Berkshire Hathaway reduced its Amazon position by 77%, part of a broader pattern of trimming big tech holdings and raising cash amid leadership transition to Greg Abel. Warren Buffett's investment stance reflects discomfort with businesses that are difficult to fully understand, given Amazon's mix of AWS, advertising, and retail. Nancy Pelosi's disclosures show active trading: a 20,000-share sale on December 24th, the addition of 20 call options on December 30th, and exercising calls on January 16th to add 5,000 shares, including calls at a $120 strike expiring next January. Amazon has fallen sharply over the past month, creating a clear bull-versus-bear dynamic.
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