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Ask HN: Is there a Warren Buffet for the tech sector?
For a while now, I have been doing a lot of research into the stock market. And the most reasonable voice I found is Warrent Buffet.
Is there someone profound like him who thinks about the tech sector? Especially about companies that yet have to beome profitable?
- sbinthree 6y agoChamath
- matdehaast 6y agoYeah Chamath in my opinion is very much the Buffet of Tech companies
- petra 6y agoAbout Warren Buffet: First he invested in insurance companies. So you buy an insurance company for $1B - you another few billions to invest on their behalf, which greatly increases your return rate. Secondly, he has a strategy to often invest in private companies, leaving old management in place, and hold for a long time, and benefit from profits, not from stock changes(means he can hold the company for the long time). So for private companies, one major reason owners prefer him - his that this business is their "baby" so even after cashing out, they still get to manage it. This is unlike what most private equity investors do. So when he goes to make a deal with those companies, there's little competition from other investors, so he can buy at a lower price. So he just seems like genius stock picker, but he really isn't. As for predicting who in tech will become profitable ? i doubt that someone will share that information freely.
- philipkiely 6y agoCheck out Constellation Software and Mark Leonard. https://en.wikipedia.org/wiki/Constellation_Software https://en.wikipedia.org/wiki/Constellation_Software It is the closest to the Berkshire Hathaway model that I know of in software.
- nabla9 6y agoTed & Todd.
- runawaybottle 6y agoWSB is convinced it’s Cathie Woods.
- mtmail 6y agoIs WSB https://www.reddit.com/r/wallstreetbets/ https://www.reddit.com/r/wallstreetbets/ ?
- runawaybottle 6y agoYeah
- joshxyz 6y agoIsn't it Chamath Palihapitiya? Rumors is he's looking into buying Berkshire Hathaway and renaming it into Berkshire Chamathaway. https://twitter.com/braveben/status/1349770486784245760 https://twitter.com/braveben/status/1349770486784245760