Business Wire
BusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex TimesBusinessAMD says Instinct AI systems are now operating in Saudi Arabia, highlighting a potential ramp tied to additional data-center powerThe Apex TimesBusinessCostco and Old Navy promotions, Apple leadership change, and other retail and tech themes surfaced in a market roundupThe Apex TimesBusinessDeere named among stocks making notable moves in late-Thursday trading recapThe Apex TimesBusinessSalesforce says AI-driven revenue momentum is building as Agentforce adoption spreadsThe Apex TimesBusinessSalesforce backs HiBob to bolster workforce AI, and adds a new AgentExchange email toolThe Apex TimesBusinessEverPass Media expands NFL distribution via multi-year Netflix deal for 2026 slateThe Apex TimesBusinessUnitedHealth shares rise as it moves to drop prior-authorization checks for about 30% of servicesThe Apex TimesBusinessBerkshire Hathaway CEO Greg Abel to Appear on TV in Rare Interview, With Focus Likely on Insurance and BNSFThe Apex TimesBusinessCoinbase expands Webull crypto trading footprint into CanadaThe Apex TimesBusinessBroadcom leans harder into VMware AI with a push aimed at enterprise rivalsThe Apex TimesBusinessModerna shares jump after GSK advances a rival mRNA flu vaccine to Phase IIIThe Apex TimesBusinessYahoo Finance points to “buy zones” for Microsoft, Palantir, Shopify and ServiceNowThe Apex Times
Back to front
Buffett says he was behind Berkshire’s Alphabet, or “Google,” bet
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 15, 4:25 PM EDT

Buffett says he was behind Berkshire’s Alphabet, or “Google,” bet

In recent comments cited by Yahoo Finance, Warren Buffett addressed lingering questions about who at Berkshire Hathaway initiated the firm’s major investment in Alphabet.

Warren Buffett, speaking in connection with Berkshire Hathaway’s long-running equity strategy, has moved to clarify credit for the company’s “Google” investment in Alphabet. According to reporting carried by Yahoo Finance, Buffett said the initiative was his, using the blunt framing that “it was me.”

The clarification comes amid years of public discussion over how Berkshire selects and accumulates large stock positions, and which leaders drive specific purchases once a target becomes part of the portfolio. Berkshire is closely associated with Buffett’s capital-allocation instincts, even as the conglomerate’s management team and investment professionals contribute to research and implementation.

While the cited remarks focus on personal responsibility for the decision, the broader point is that Berkshire’s approach is typically built around concentrated holdings in companies it understands, held through market cycles rather than traded for short-term moves. The “who initiated it” question therefore carries more than trivia value in how investors interpret Berkshire’s process.

Berkshire Hathaway’s investment in Alphabet is generally treated as a notable example in the public discussion of that process, because Alphabet represents a modern, consumer and advertising-driven business with significant data and platform scale. Buffett’s comments reinforce the idea that Berkshire’s largest stock moves are tightly tied to his approval and his long view, not merely routine portfolio activity.

For investors, Alphabet has often served as a litmus test for how Buffett updates his framework over time, adding exposure to technology and internet-adjacent economics that differ from the more traditional Berkshire favorites of earlier decades. When Buffett assigns the decision directly to himself, it can be read as a announcement that the thesis passed through his personal judgment rather than being delegated.

Berkshire also operates with a distinct capital structure. The conglomerate’s investment portfolio is financed by retained earnings and the float generated by its insurance operations, giving it the ability to hold common stocks for extended periods. In that model, each large position has outsized influence on Berkshire’s results when the underlying business performs well or faces headwinds.

Still, the cited post does not provide detailed procurement mechanics. It does not spell out the timeline of when the investment began, whether it was accumulated in tranches over time, or what internal debates occurred around valuation and risk. It also does not address whether any other Berkshire executives played a role in sourcing research or executing trades, beyond Buffett’s statement on who initiated the purchase.

What to watch next is whether Berkshire’s disclosures, including investor materials and annual reporting, continue to connect this Alphabet position to Berkshire’s decision-making framework in more detail. If Buffett returns to the topic in future remarks, investors will likely focus on any additional description of how Berkshire evaluates digital platforms, competitive threats, and regulatory exposure before committing capital.

Why It Matters

  • Buffett taking direct responsibility is consistent with how investors interpret Berkshire’s capital-allocation culture, where major stock decisions are closely linked to Buffett’s approval.
  • Clarifying decision ownership can affect how markets read Berkshire’s investment process and governance around large, concentrated positions.
  • If reiterated, the statement may reinforce the perception that Berkshire’s Alphabet bet reflected Buffett’s personal view of the long-term thesis.

Sources

Key Facts

  • Warren Buffett, as reported by Yahoo Finance, said “it was me” in response to questions about who initiated Berkshire Hathaway’s Alphabet (Google) investment.
  • The remarks were framed as a clarification of credit for a major Berkshire equity purchase tied to Alphabet.

Finance Related

Sep 2, 4:36 AM EDT
The Apex Times

JPMorgan gains momentum as the 10-year Treasury yield pushes toward 4.8%

In market trading on Sept. 1, JPMorgan Chase shares moved higher as bond yields rose, a backdrop that can lift bank earnings via higher interest income. The shift followed reporting that the bank’s net interest income climbed 10% to $25.6 billion.

JPMorgan gains momentum as the 10-year Treasury yield pushes toward 4.8%
The Apex Times
Buffett says he was behind Berkshire’s Alphabet, or “Google,” bet | The Apex Times