Warren Buffett has backed a winner in Alphabet, and there's a bigger worry than AI stocks crashing, veteran investor Tom Russo says
Warren Buffett has backed a winner in Alphabet, and there's a bigger market risk than a crash in AI stocks, Tom Russo says. The veteran investor and managing member of Gardner Russo & Quinn is well placed to weigh in. His firm's top two holdings at the end of September were a $1.1 billion stake in Alphabet and a $1.8 billion stake in Buffett's Berkshire Hathaway, together accounting for 31% of its $9.3 billion US stock portfolio, regulatory filings show.Berkshire purchased 17.8 million shares in Google's p ...