Warren Buffett recently invested in Amazon. It made him nearly $250 million before.

Buffett's investment was helped by the euro, which strengthened from $0.95 at the time of purchase in 2002 to $1.47 in 2007. Its rise against the dollar meant he received a hefty $253 million when Amazon paid off some of the bonds in 2005 and 2006, and the remainder were valued at $162 million at the end of 2007. His overall gain — realized and unrealized — was $246 million at the end of 2007, representing an 84% return on his investment. Almost half of that stemmed from the falling dollar.

Buffett will be looking for a much bigger payout from his latest Amazon investment, without relying on currency movements. Berkshire Hathaway's 5.3% stake in Apple alone is worth about $51 billion, and together its investment holdings returned $3.8 billion in dividends last year,

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