Buffett Late Alphabet Investment Regret
Early institutional investors who delayed investing in Alphabet missed significant wealth creation opportunities as the stock has rallied substantially
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Warren Buffett, considered one of the greatest investors of all time, recently admitted that he made a mistake by not investing in Google's parent company, Alphabet, sooner. Back in 2017, Buffett also reflected on missed opportunities with Google. He often explained that he avoided buying tech stocks because he did not understand how they were making money or whether they would continue to do so—a decision that he later said cost Berkshire investors a lot of money."
"Buffett revealed that he personally initiated Berkshire Hathaway's first investment in Alphabet last year but acknowledged that he should have invested in the company much earlier. 'I made a mistake' by not investing in the company earlier."
"The latest rally not only lifted Larry Page's net worth past $300 billion but also highlighted renewed optimism surrounding Alphabet's future growth."
"The veteran investor told CNBC that he was the one who initiated the conglomerate's recent big investment in Alphabet, not Berkshire Hathaway's new CEO, Greg Abel."