Given those numbers, I think Kroger is a value investment Mr. Market underprices. I think Berkshire’s purchases indicate Buffett agrees.
In fact, Uncle Warren tells CNBC, “Yeah, I’ve been a fan, and I’ve been an idiot for not buying” Amazon. On the other hand, Buffett admits he is leery of Amazon despite his admiration for CEO Jeff Bezos, Business Insider notes.
In fact, America’s three richest people; Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, and super investor Warren Buffett, are knowledge workers. To explain, knowledge workers use in-depth information they learn through regular study to succeed.