Warren Buffett Joins the Crowd Struggling to Understand Oracle

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Warren Buffett Joins the Crowd Struggling to Understand OracleOracle, co-founded by Chairman Larry Ellison, releases limited breakdowns in its financial disclosures, meaning that investors don’t get a clear picture of the company’s effort to move its customers to the cloud -- software stored in Oracle data centers and accessed via the internet. When Buffett’s Berkshire Hathaway Inc. bought a $2.1 billion stake in the third quarter, it looked like validation for the database giant. “Larry Ellison has done a fantastic job with Oracle,’’ Buffett said Monday in a CNBC interview.


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