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Warren Buffett tells CNBC he initiated Berkshire Hathaway's investment in Alphabet

CNBC Wednesday 15 July 2026, 11:24 UTC 1 min read
Key Points

Warren Buffett said Wednesday he was the driving force behind Berkshire Hathaway's big investment in Alphabet. "I initiated it," Buffett said in an interview with CNBC's Becky Quick. "The trick in life is to find — I mean investing — is to find businesses that are going to earn high returns on capital for an extended period of time."

Warren Buffett said Wednesday he was the driving force behind Berkshire Hathaway's big investment in Alphabet. "I initiated it," Buffett said in an interview with CNBC's Becky Quick. "The trick in life is to find — I mean investing — is to find businesses that are going to earn high returns on capital for an extended period of time." Berkshire first disclosed a stake in Alphabet during the third quarter of 2025 and has dramatically increased its investment since. Last month, the conglomerate invested an additional $10 billion through a private stock purchase. Buffett, who stepped down as Berkshire's chief executive earlier this year but remains chairman, said he and CEO Greg Abel continue to work closely together on investment decisions. "I am not doing anything that he doesn't approve of. He's not doing anything I don't approve of," Buffett said. "We talk all the time, but he is the decider." This is breaking news. Please refresh for updates.
Warren Buffett (PERSON) CNBC (ORG) Berkshire Hathaway's (ORG) Alphabet Warren Buffett (ORG) Alphabet (LOCATION) Buffett (PERSON) Becky Quick (PERSON) Berkshire (ORG) Greg Abel (PERSON)
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