Warren Buffett Initiated Berkshire Hathaway's Massive Investment in Alphabet
Berkshire Hathaway, led by Warren Buffett until recently, made an initial $4 billion investment in Alphabet. After Greg Abel became CEO, the company added over $23 billion to its position in Alphabet stock. Buffett confirmed he initiated the purchase and emphasized his focus on businesses that generate high returns on capital for extended periods.
Topics: Alphabet Berkshire Hathaway investment strategy Warren Buffett