HACKER Q&A
📣 TekMol

Is there a Warren Buffet for the tech sector?


For a while now, I have been doing a lot of research into the stock market. And the most reasonable voice I found is Warrent Buffet.

Is there someone profound like him who thinks about the tech sector? Especially about companies that yet have to beome profitable?

  👤 petra Accepted Answer ✓
About Warren Buffet: First he invested in insurance companies. So you buy an insurance company for $1B - you another few billions to invest on their behalf, which greatly increases your return rate.

Secondly, he has a strategy to often invest in private companies, leaving old management in place, and hold for a long time, and benefit from profits, not from stock changes(means he can hold the company for the long time).

So for private companies, one major reason owners prefer him - his that this business is their "baby" so even after cashing out, they still get to manage it.

This is unlike what most private equity investors do.

So when he goes to make a deal with those companies, there's little competition from other investors, so he can buy at a lower price.

So he just seems like genius stock picker, but he really isn't.

As for predicting who in tech will become profitable ? i doubt that someone will share that information freely.

👤 joshxyz
Isn't it Chamath Palihapitiya?

Rumors is he's looking into buying Berkshire Hathaway and renaming it into Berkshire Chamathaway.

https://twitter.com/braveben/status/1349770486784245760

👤 philipkiely
Check out Constellation Software and Mark Leonard.

https://en.wikipedia.org/wiki/Constellation_Software

It is the closest to the Berkshire Hathaway model that I know of in software.

👤 runawaybottle
WSB is convinced it’s Cathie Woods.
👤 sbinthree
Chamath
👤 nabla9
Ted & Todd.