No. of Recommendations: 1
" In short, Berkshire’s $10B Alphabet buy is a major strategic pivot under CEO Greg Abel, deepening Berkshire’s tech exposure and aligning with Alphabet’s aggressive AI infrastructure buildout."
Greg has made it clear he's waiting for the phone to ring and more importantly he can write a check for 10 billion, quickly. Hopefully this will set a precedent with respect to how he would like to structure deals going forward, it's brilliant! Anyone who wants Greg to sit and wait aka market time, while accumulating 500 Billion in tbills should sell brkb and buy a MMF, THEY own lots of cash. :)
Greg isn't sitting at the table with pocket Aces, buying the highest quality companies at a 7 % or so discount to current market prices is his best option. Hopefully 5 more deals like this are being negotiated. No one knows if the next 15 % move in the market is up or down, we learned that the hard way the past 10 years. Obviously, uncle warren doesn't know.
Greg gets an A plus, relative to the hand he's been dealt and the options he has, A PLUS!
BTW, Dear Uncle, we know you don't want to cause a panic but please call Becky and share your current thoughts with respect to retired investors being overweight SPY at the current valuation, current over concentration, rule changes to provide liquidity for new issue whores and private placement speculators etc.
Thank you for your attention to these issues, your favorite loyal partner, HC in Las Vegas.
