"Were they high priced? Alphabet shot the lights out on the last earnings report. Virtually every part of the business was up by double digits. Google Cloud revenues increased by 82%, 24% YoY earnings increase overall. Alphabet is already the most profitable company in the world, and their margins expanded.

The concern is that FCF went negative. I get it, but if earnings are growing that fast with expanding margins I think you should try to grow the company as fast as possible. I mean, they are on track to double their revenue in 3-4 years. I think this was a big, fat pitch."

Also, I'd like to go back to my original point in the post- Burry laments Berkshire not being patient post Warren and yet makes that determination 6 months in to Greg's tenure. It's not difficult to see the rub here- it is beyond hypocritical. I suspect it has to do with his bets against AI right now which I suppose in large part I agree with, but I think it's the Asperger's speaking when he makes an absolute determination that he has no interest in Berkshire after one investment in the first 6 months!

We are kind of in an idle time for Berkshire right now. I've seen a lot of posts in the last couple of days swinging from "wildly optimistic" to people rightly pointing out the stock's full valuation. It kind of feels like 1999. This is just the nature of the stock. Sounds like a perfect time to sit on your hands......