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Buffett Backs Alphabet Stake as Berkshire Warns on Costly Hesitation

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The Story

News Summary

  • Warren Buffett highlighted the dangers of delaying investment decisions, citing Berkshire Hathaway's delayed entry into Alphabet.
  • Berkshire significantly expanded its Alphabet position after acknowledging Google's strong business model and near-monopoly status, warning investors against the costly disposition effect of holding losing positions.
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