“Without Buffett, Berkshire is FINALLY Going All-In on AI!”
GOOGL is a long-term hold; its PEG ratio is below the sector average despite recent price gains and high capex.
It was in Google, with the trading symbols GOOG and GOOGL, where Berkshire injected more than $16 billion, increasing their stake by a shocking 650%, specifically for the trading symbol GOOGL.
The reason I say this huge move was so surprising is because, you know, historically, when Warren Buffett was making all the decisions, Berkshire was really known for putting most of its money into what I have always considered, you know, rather boring, low-growth companies—profitable, of course, but rather low-growth .