“You can make the case that Abel is actually just replaying Buffett’s strategy, only this time Berkshire Hathaway is See’s Candies, and Google is BNSF. At the end of last quarter Berkshire Hathaway had $373 billion in cash, and $25 billion in free cash flow in 2025. How many companies could actually employ that cash in a way that generated a high rate of return? It’s hard to imagine a better option than Google” @benthompson@stratechery
The Google Capital Company
Google has issued equity to Berkshire Hathaway in a deal that signals far more demand and a future where capital is the ultimate commodity.
https://t.co/IygVOphySV
As @ByrneHobart writes, Right now, everyone is betting on extremes, they are either aggressively long or betting on a sudden crash. But the pain trade is if AI just remains... and just follows a boring, steady, predictable upward trend https://t.co/zquNayXyx0
@farzyness I agree i kept thinking “oh I can’t listen to music because my Spotify app is updating”
Am I the only one who thinks it looks like an app loading an update 🤓😂😂😂😂
@farzyness I agree i kept thinking “oh I can’t listen to music because my Spotify app is updating”
Am I the only one who thinks it looks like an app loading an update 🤓😂😂😂😂
5/ The Cursor deal and the Anthropic deal make it clear what direction Elon wants to take SpaceXAI:
A compute and AI infra provider. He can sell that product to potential AI winners, even if Grok is not the winner.
It gives Elon a form of leverage over Anthropic.
We’re all there trying to intellectualize the business strategy and do the maths …. While we should look no further than this: “Cohen also has a potentially massive payday at stake if he can pull it all off” 🤦🏼♀️🫠 @exec_sum@andrewrsorkin@BeckyQuick https://t.co/nZPyoGVLsp
BREAKING: Andrew Ross Sorkin challenges GameStop CEO Ryan Cohen on how the company plans to finance the $56B eBay acquisition, claiming the math doesn’t add up.
Cohen appears unamused by the questions and simply says 50/50 cash and stock.