Warren Buffett’s Parting Gift to Investors Is Crushing the Market 6 Months Later
Warren Buffett's Berkshire Hathaway invested $4.3 billion in Alphabet, which has since risen 40%. The investment was revealed in mid-November and has been attributed to either Buffett or his investing lieutenants.
Berkshire Hathaway, led by Warren Buffett, invested $4.3 billion in Alphabet, acquiring 17.8 million shares. The stake has gained approximately 40% since the position was revealed in mid-November. Alphabet's business has driven the growth, with Google Cloud revenue rising 31% year over year in Q1 and operating margins widening. The investment is considered one of Berkshire's larger new investments in years and was likely initiated by Buffett or his lieutenants Todd Combs or Ted Weschler. Buffett's endorsement still carries significant weight on Wall Street, as evidenced by Alphabet's 15% share price jump following the disclosure. The company's AI growth and expanding profitability have contributed to its success.
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