Warren Buffett tells CNBC he initiated Berkshire Hathaway's investment in Alphabet
Warren Buffett confirmed he personally initiated Berkshire Hathaway's recent stake in Alphabet, pushing back on speculation that new CEO Greg Abel drove the investment. "I initiated it," Buffett told CNBC in an interview, clarifying his role in the conglomerate's move into GOOGL.
The disclosure matters because it signals Buffett's willingness to enter big-tech names late in his tenure, a departure from his historical caution around the sector. Berkshire disclosed the Alphabet position in its most recent 13F filing, though the exact size and timing remain partially obscured by regulatory lag. Buffett's direct endorsement of the position suggests conviction rather than a passive endorsement of Abel's strategy as succession planning accelerates.
The 93-year-old's hands-on involvement in portfolio construction continues to shape Berkshire's trajectory even as Abel assumes day-to-day operational control. The Alphabet stake joins Apple as one of Berkshire's few material technology bets, underscoring Buffett's selective but meaningful pivot into the space.