Warren Buffett Says He Personally Pulled the Trigger on Alphabet Stock

Warren Buffett isn't shy about taking credit where it's due — and this time, he's claiming the call on Alphabet. The legendary investor confirmed that Berkshire Hathaway's stake in Google's parent company was his idea, saying plainly, "I initiated it." That's a notable statement from someone who runs one of the world's most closely watched investment portfolios.

For years, Buffett was famously skeptical of tech stocks, preferring businesses he said he could understand intuitively. So when Berkshire started picking up shares of Alphabet, Wall Street took notice. The move signals that even at his age, Buffett is willing to revisit companies he may have overlooked — and Alphabet is a pretty big miss to admit to.

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Buffett has also been candid about the regret side of the equation, acknowledging he wishes Berkshire had gotten into Alphabet earlier. That kind of honesty is classic Buffett — he's never been one to hide his investing mistakes, famously detailing blunders in his annual shareholder letters. Missing a mega-cap tech giant that grew to dominate digital advertising and cloud computing definitely qualifies as one worth reflecting on.

For everyday investors, the takeaway here is pretty straightforward: even the best in the business leave money on the table sometimes. The fact that Buffett is now buying in rather than staying on the sidelines suggests he sees long-term value in Alphabet that still hasn't been fully priced in — or at least enough to finally act after years of watching from a distance.

Continue reading at Benzinga.