Berkshire Hathaway Just Invested $10 Billion in Google at a Private Placement Price. Here's Why Retail Investors Should Pay Attention
Key takeaways
- BRK-B GOOG NVDA When Greg Abel took over for Warren Buffett as CEO in January, many were wondering what the new Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) would look like.
- Berkshire s new CEO has been deploying the company s cash hoard, including multiple investments in Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
BRK-B GOOG NVDA When Greg Abel took over for Warren Buffett as CEO in January, many were wondering what the new Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) would look like. It hasn t taken long to see an early picture, as Abel has worked quickly to leave his mark.
Berkshire s new CEO has been deploying the company s cash hoard, including multiple investments in Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). For investors, this shows not only that a new era of Berkshire is in full swing but also that Berkshire is offering a ringing endorsement of Alphabet.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »