Berkshire's Google buy aims to outperform Treasuries and match AI trends; however, some investors like Michael Bury have exited BRK.B positions.

Muneesh Babrai was talking about Berkshire Hathaway's investment in Google, and he had some interesting things to say. But now that we know Buffett actually started the investment center, I'm interested to hear your and your team's take on Berkshire's Google buy-in.

Michael Bury took a look at it and simply said, "I'm done buying Berkshire Hathaway." Did you hear that? "Well, that's the signal that the old way of investing is over, and they've moved on to something else."

You have to understand the pressures. I mean, I know you already do, but I'm saying everyone has to understand the pressures that Warren and Charlie were under and that we somehow managed not to give in to."

The pressure of managing billions and billions of people's money creates what I consider an institutional necessity to be really good.

And Warren talked about that. You know, that's where he says, 'You're standing at the batting board, and in this game you don't have to wave the bat, but you have these people in the stands yelling, "Wave it, you idiot!"'"

Isn't that right? You're not waving, and I want you to waving now. I'm paying you to waving. And that's the situation most fund managers are in. They're paid to wave for pension fund managers who put millions and billions of dollars in their hands. And they have to wave.

Well, I think that institutional imperative weighs heavily on Greg Abel's shoulders. He took on the role of a legend, and that's a heavy burden enough in itself. But a legend who was willing to sit on $380 billion in cash while people yelled, 'Waving, you idiot!'"

So, considering Berkshire Hathaway and what Greg is doing, he's not paying a good price for this company, in my opinion.

Well, I think that's part of the equation for Greg as well, because Buffett was sitting on almost $400 billion in cash. I think a lot of people look at what Buffett is buying to judge what the next big winner will be, and I think a lot of people miss the fact that that's no longer the goal of Berkshire's portfolio because they have $400 billion in Treasury bonds.

Well, Berkshire never has to deal with that. Its stock price might go down, but other than that, it doesn't lose capital. It doesn't have to withdraw money from any investment.

So, I completely understand Greg's point of view, and it's almost certain to outperform the Treasury bonds.

Also, to emphasize the pressure Greg is under, Warren has spent his career outperforming the S&P 500. And now you have the S&P 500 having a historic high. Incredibly high yields in the index, driven almost entirely by AI companies.

So, if you're not involved with those companies, you're not keeping up with the index at all.

And I think this Google buy has two aspects. It will outperform Treasuries, and it will help Berkshire Hathaway Keeping pace with the changing winds in the AI sector .

despite knowing that Buffett’s method of investing is the best and most proven to be successful, and that it is the only way that guarantees you will make money in the long run,