Technology

Buffett partner says ‘ashamed’ for missing Google boat

Buffett partner says 'ashamed' for missing Google boat

Charlie Munger, business partner of billionaire Warren Buffett, said Saturday the two are “ashamed” of not having invested in Google, which has become one of the world’s most valuable companies.

by Agence France-Presse

Charlie Munger, business partner of billionaire Warren Buffett, said Saturday the two are “ashamed” of not having invested in Google, which has become one of the world’s most valuable companies.

Google parent Alphabet profits dragged by $1.7B fine

Buffett’s Berkshire Hathaway empire, of which Munger is vice president, recently took a stake in Amazon and has a $40 billion stake in Apple, but has generally steered clear of the technology sector.

Google parent Alphabet earnings shine but market wary

“We are ashamed,” Munger, 95, told a shareholder at the annual Berkshire meeting in Omaha, when asked about the absence of an investment in Google.

Google parent Alphabet announces $1B NYC real-estate expansion

“We just sat there sucking our thumbs,” Munger said.

Google parent Alphabet sees record highs despite EU fine

“We screwed up,” he said, without indicating whether Berkshire Hathaway aimed to catch up now.

Google parent Alphabet profit leaps on ad growth

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.