$10B Raise Suggests GOOGL Shares are Expensive

I don’t view Berkshire’s $10 billion investment in Google to be meaningful for the share price (of either company).

Here is the press release.  2026 June Alphabet Equity Capital Raise Press Release PDF

Half  ($5 billion) of Berkshire’s investment is common stock, paying $351.81/share — or at $25 discount from the close!

The other half ($5 billion) is in capital stock, a preferred (fixed income paper).

Google ($GOOGL) had other options; they are saying their stock is expensive.

This is a very small investment for Berkshire.

And, finally, not likely Warren Buffett’s imprimatur, its  probably that of Abel’s… and that is different (this time). 

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Posted by Doug Kass

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