Warren Buffett Said He Personally Started Berkshire's $31 Billion Alphabet Position

Warren Buffett confirmed he personally initiated Berkshire Hathaway's $31 billion investment in Alphabet, admitting he should have invested years earlier. The position includes $21 billion in public shares and a $10 billion private placement from Alphabet's $80 billion equity raise. Buffett expressed confidence in Alphabet's ability to outperform competitors in the AI infrastructure race, though he noted it ranks fifth among Berkshire's holdings and isn't his favorite investment.