3 ms·

I find it interesting that BRK did not sell any SNOW in its latest 13F. They own 12% of SNOW...

• adventured 6y ago
  Yeah they don't tend to talk very openly about who is doing the buying for what. Occasionally in the last few years Buffett will indicate if it was him specifically buying something, usually outsized positions. I think either Ted or Todd is likely is doing the buying on Snowflake (at least instigated the premise), perhaps with Buffett's sign-off (given it's an increasingly large position). I also think one of the other buyers is likely responsible for Berkshire's position in VRSN. There's a high risk that Snowflake position will humiliate Berkshire Hathaway. I think it's a mistake. It wouldn't be Berkshire's first mistake in dabbling in tech but it looks like it could be the biggest. I have great respect for Buffett's historical performance, however I consider him mostly done at this point. He's conservatively managing the end game of his career now, he seems to be intentionally avoiding doing anything that might stretch beyond his lifetime now (I don't think he wants to do anything that might need a decade to manage that he might have to offload onto the next person). I think he should have taken advantage of KHC's weakness for example, to strip Heinz back out of the conglomerate and break it up and sell off the rest of Kraft, the stock was so cheap at times you could have almost gotten Heinz for free in the process. Instead Buffett is sitting on a hundred plus billion dollars yielding squat (KHC was down to near half the market cap it currently sports, which was the general time to grab it to try to get the Heinz business, and then sell off the lesser pieces, either after you repair what was ailing KHC or immediately depending).