Warren Buffett: I initiated Berkshire Hathaway's investment in Alphabet
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Warren Buffett: I initiated Berkshire Hathaway's investment in Alphabet
Berkshire Hathaway Chairman Warren Buffett joins 'Squawk Box' to discuss the company's $31B-plus stake in Alphabet, whose idea it was to buy into the tech giant, his investment in technology, and more.
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Warren Buffett explains why great investing isn't about comparing every new opportunity to your greatest success.At a Berkshire Hathaway annual meeting, a shareholder asked why several major Berkshire investments were structured so differently.Goldman Sachs received $5 billion at 10% plus warrants. General Electric got similar terms. Dow Chemical's deal came with an 8.5% convertible structure. Mars/Wrigley paid 11.45%, while Swiss Re paid 12%.Why weren't the deals priced the same?Buffett's answe
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Warren Buffett has ended one of the biggest philanthropic partnerships in history with the Gates Foundation after nearly two decades and $48 billion in donations. Click the link in bio to read more. #WarrenBuffett #BillGates #news #business
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