3 ms·
Google is absolutely nothing like Berkshire Hathaway. While people make the monopoly/conglomerate/holding company analogy, they forget an important difference.
by adam419 11y ago
Google is absolutely nothing like Berkshire Hathaway.
While people make the monopoly/conglomerate/holding company analogy, they forget an important difference.
Berkshire Hathaways' talent and specialty lies in identifying sound-money businesses that are undervalued, and then making appropriate financial and management changes to bring them at or above their book value.
Google, and Alphabet on the other hand is in the business of making highly asymmetric bets on the future. The majority of their gains will come from few investments.
Probabilistically they're in two entirely different domains.