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The Economic Times
The Economic Times
Debaroti Adhikary

Warren Buffett says he initiated Berkshire's Alphabet bet, but it is not his favourite. Here's why

Warren Buffett Berkshire Alphabet Greg Abel Apple Google CNBC Bill Gates Berkshire Hathaway

Legendary investor Warren Buffett said that it was him, not his successor and new Berkshire Hathaway CEO Greg Abel, who led the conglomerate’s massive investment in Google-parent and tech giant Alphabet, although it is not among his favourite bets

“I initiated it,” he said in an interview with CNBC. “I am not doing anything that he does not approve of. He is not doing anything I don’t approve of. We talk all the time, but he is the decider,” the 95-year-old Berkshire Chairman added, referring to his CEO successor, Ger Abel.

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