No. of Recommendations: 1
" Google has also invested in SpaceX, and its stake in the business is around 6%. This makes investing in Alphabet a great way for investors to indirectly gain exposure to SpaceX, not only through that stake, but also given the close working relationship the companies have together and the similar goals that they are pursuing. Plus, unlike SpaceX, Alphabet is already hugely profitable and generating tons of free cash flow; it's a much safer investment than SpaceX."
Greg and Buffett, imo, are not being given enough credit and brks stock price does not reflect the bold investment brk has made in Gregs first year.
For older investors looking to preserve wealth and still have exposure to, current events, brkb and googl make a lot more sense than the Nasdaq 100 type funds.
I'm long googl, shorted the google 330 puts, yesterday, and obviously owning brkb gives us indirect exposure to spcx and many other exciting securities coming public in the future.
This may be a new more, energetic, brkb, going forward, in a sensible more conservative way.
The above quote is from this article.
https://www.msn.com/en-us/money/general/want-expos... 