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."