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Nothing can grow at 30% for very long, even if you don't make any mistakes. I think the tech bit is painting with too broad strokes. Google-- he's said investi
by lkjldkjdfds 3y ago
Nothing can grow at 30% for very long, even if you don't make any mistakes. I think the tech bit is painting with too broad strokes.
Google-- he's said investing there should have been obvious because GEICO was spending a lot and still using Adwords very profitably.
Amazon-- He's praised Bezos but stopped short of calling it a missed investment AFAIK.
Facebook-- I don't think it's ever mentioned anywhere in BRK meetings.
Netflix-- He's said it's hard to call winners in the streaming space, although BRK does have a sizable paramount position.
Microsoft-- He's said he missed this initially, he's also said he's avoided investing in the past because he was close to Gates and concerned any investment timing wouldn't be beyond reproach. Later, BRK took a position in Activision/Blizzard that was very controverisal as WEB had predicted, which was claimed to just be an arbitrage position.