Is Google the new Berkshire Hathaway?

With YouTube, Google showed the kind of foresight Mr. [Warren Buffett] did with his most famous investments: American Express and Coca-Cola, two stocks he has never sold. Now the largest single shareholder in Amex, Mr. Buffett began buying the stock in the 1960s when the company was saddled with bad...

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Bibliographic Details
Published inGlobe and mail
Main Author Barter, Paul
Format Newspaper Article
LanguageEnglish
Published Toronto, Ont The Globe and Mail 19.08.2014
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Summary:With YouTube, Google showed the kind of foresight Mr. [Warren Buffett] did with his most famous investments: American Express and Coca-Cola, two stocks he has never sold. Now the largest single shareholder in Amex, Mr. Buffett began buying the stock in the 1960s when the company was saddled with bad loans. Instead of looking at the shortterm, Mr. Buffett envisioned a world dominated by credit card purchases.
ISSN:0319-0714