On the heels of Amazon canceling plans to build a New York City headquarters, Warren Buffett's right-hand man Charlie Munger shared his view of Amazon with CNBC.
"My attitude toward Amazon is it is an utter phenomenon of nature," Munger told CNBC's Becky Quick Thursday. "There has hardly ever been anything like it in the history of our country ... very talented driven people."
"I would not have predicted the success that happened and now that it has happened, I wouldn't want to predict that it was going to stop either. I think it may run a long way."
Munger has also called founder and CEO Jeff Bezos "ferociously smart."
"I founded Amazon in my garage 24 years ago, and drove all the packages to the post office myself. Today, Amazon employs more than 600,000 people, just finished its most profitable year ever, even while investing heavily in new initiatives, and it's usually somewhere between the #1 and #5 most valuable company in the world," Bezos said in a recent Medium post. "I will let those results speak for themselves."