Is Jeff Bezos the Next Warren Buffett?

Updated

Warren Buffett and Jeff Bezos need no introduction, but investors may be surprised to see how much these two have in common. While Bezos has long been criticized for keeping a tight leash on Amazon.com's earnings, opting instead to pour the company's cash flow back into future growth, Warren Buffett and Charlie Munger have long supported companies with strong capital return to shareholders, whether in the form of dividend payments or share repurchases.

However, in a recent interview with the Harvard Business Review, Bezos put his investing chops on display, even quoting Buffett directly. He revealed that while Amazon's stock price may seem expensive, there is a method at work, as he's directing his company to build wealth for shareholders exactly as investors should hope.

The Fool's Austin Smith has more in the following video.


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The article Is Jeff Bezos the Next Warren Buffett? originally appeared on Fool.com.

Austin Smith has no position in any stocks mentioned. Jeremy Phillips owns shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com and Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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