“The SaaSpocalypse Isn't What Investors Think.”Michael Bury (for the exit signal)
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."