Moneybags Buffett on ditching Oracle stake: I don't think I understand where the cloud is going

Billionaire investor says he was burnt by IBM – but is 'amazed' at Amazon's rise

Warren Buffett has told the world he was behind Berkshire Hathaway's decision to ditch its £2.1bn Oracle stake - just a quarter after buying it - because he felt he didn't understand where cloud computing is headed.…

via The Register - Data Centre: Cloud
http://go.theregister.com/feed/www.theregister.co.uk/2019/02/26/buffett_dont_understand_cloud_oracle/