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REDDIT

Warren Buffet likes Alphabet

Berkshire Hathaway just made Alphabet its third-largest position at 11.7%. That's a very large position by Berkshire's standards. Given search's vulnerability to disruption, I was surprised Warren Buffett would advocate such a position, given that a durable moat is his primary focus. What do you all make of this? What does it say about search with regard to AI and Alphabet as an investment in general?