Buffett Takes Credit for Berkshire's $31 Billion Buy of Alphabet, Cites Regret Over Missed 2004 IPO
Warren Buffett told CNBC he personally initiated Berkshire Hathaway’s $31 billion purchase of Alphabet shares, characterizing the decision to miss the company’s 2004 public offering as a mistake.
The position is now Berkshire’s third-largest holding, trailing Apple and American Express. Buffett said the deal fits his philosophy of backing companies that generate high returns on capital for extended periods, noting the business can reinvest funds internally. He acknowledged that heavy artificial intelligence spending is reshaping Alphabet’s competitive landscape, but clarified that Berkshire chief executive Greg Abel is the final decider on all transactions, with both executives reviewing deals together daily.
From the sources (15 posts)
@firstadopterI remember when Brad @altcap said Warren was very skeptical about the AI infrastructure capex spending wave, yet Warren still bought Alphabet. Interesting.
@firstadopterCNBC: "Warren Buffett said he — not Berkshire Hathaway’s new CEO Greg Abel — was the driving force behind the conglomerate’s recent big investment in Alphabet" “I initiated it,” Buffett said in an interview with CNBC’s Becky Quick, “The tr
@julientechinvstEt dire que tout le monde me disait que c’était Greg Abell à l’origine de ce call quand je soutenais que sur des montants pareils c’était Buffett… Ce qui est drôle c’est que Buffett est typiquement le gérant value et ultra prudent et il n
@stockmktnewzJUST IN: Warren Buffett said he was the one who initiated Berkshire Hathaway's $BRK.B investment into Google $GOOGL stock - CNBC
@stockmktnewzWarren Buffett just said he made a mistake not buying Google $GOOGL stock earlier
@cnbcWarren Buffett told CNBC that he was the driving force behind Berkshire Hathaway’s big investment in Alphabet: "I initiated it." Read more:
@stockmktnewzWarren Buffett said he was heavily involved in buying Google $GOOGL stock at Berkshire Hathaway Buffett said he made a mistake not buying Google earlier
@cnbcWarren Buffett tells CNBC he initiated Berkshire Hathaway's investment in Alphabet
@stocksavvyshayWarren Buffett said he played a major role in Berkshire Hathaway’s purchase of $GOOGL stock.
@thetranscript_Warren Buffett on Berkshire's investment in Google: "I initiated it. The trick in life is to find — I mean investing — is to find businesses that are going to earn high returns on capital for an extended period of time" $BRK.A $BRK.B $GO
@polymarketmoneyJUST IN: Warren Buffett reveals he played a major role in Berkshire Hathaway’s Google investment.
@trungtphanBuffett says it was his idea to initiate Berkshire’s $31B investment in Alphabet. It’s now 3rd largest stock holding (behind Apple, Amex…ahead of Coca-Cola, Bank of America, Chevron) “I initiated it. I am not doing anything that [Greg Abe
@bearlyaiWarren Buffett and Charlie Munger on why Google’s 2004 IPO was one of the only tech investments they actually regret passing on: CHARLIE MUNGER: We screwed up. WARREN BUFFETT: We did have some insights into that because we were using them
@trungtphanRT @bearlyai: Warren Buffett and Charlie Munger on why Google’s 2004 IPO was one of the only tech investments they actually regret passing…
@yahoofinanceWarren Buffett just took credit for Berkshire Hathaway's big Alphabet investment in an interview with CNBC, adding that he and CEO Greg Abel talk every day.