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.…

from The Register