"We haven't seen many businessmen like him," Berkshire Hathaway's chairman and CEO told CNBC's "Squawk Box." "Overwhelmingly, he's taken things you and I've been buying and he's figured out a way to make us happier buying those products, either by fast delivery or prices or whatever it may be, and that's remarkable."
Amazon has grown at an exponential rate since its foundation in 1997, and that's being reflected in its stock price. Since then, Amazon shares have grown nearly 44,000 percent.
Amazon in last 10 yearsSource: FactSet