伯克希尔“买入谷歌”不像是巴菲特的决策?

华尔街见闻
Nov 22, 2025

伯克希尔近期大举建仓谷歌,更以约40倍自由现金流的高溢价买入。有观点指出,这笔交易同时触碰了巴菲特的两个“禁区”:模糊难懂的技术和过高的估值。为一家业务依赖于“尚未得到验证的技术”的公司支付如此高的溢价,是一个典型的“非巴菲特式”举动。猜测这可能是巴菲特继任者Greg Abel主导的策略转向信号。巴菲特经常告诫投资者,“永远不要投资一家你无法理解的企业”。然而,他执掌的伯克希尔哈撒韦近期却做了一个...

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