Berkshire Hathaway Shifts Strategy with Alphabet Investment, Trims Apple Stake
Berkshire Hathaway's surprising $4.3 billion bet on Alphabet marks a departure from Warren Buffett's traditional aversion to tech investments. The move, likely orchestrated by investment managers Ted Weschler and Todd Combs, positions Alphabet as Berkshire's 10th-largest holding.
Meanwhile, the conglomerate continues reducing its Apple exposure, cutting another 15% this quarter. Despite these sales, Apple remains Berkshire's crown jewel at $60.7 billion—a testament to its enduring value proposition in Buffett's portfolio.
The Alphabet investment signals evolving priorities at Omaha's legendary investment house. "We don't have to be right about every company," Buffett once remarked about tech bets, "just the ones that matter." This measured embrace of technology giants reflects changing market realities where digital infrastructure becomes as fundamental as railroads or utilities.
