New Money 对 $GOOGL 的判断变化

频道资料 →本频道有 3 位标注的说话人：Li Lu、Michael Bury (for the exit signal)、Pershing Square共 2 条

2026-09-06

《The SaaSpocalypse Isn't What Investors Think.》

GOOGL面临因潜在数据中心减记导致的短期下行风险至约150美元，尽管相对于债券的长期前景积极。

他公布了他的13F模型，并又增持了45%的谷歌股份。所以，他正在用谷歌A类股填满他的投资组合。现在这是他投资组合中的第四大投资。

He released his 13F model, and he added another 45% to his Google stake. So, he's filling his portfolio with Class A Google shares. It's now the fourth largest investment in his portfolio.

这确实压力很大，我认为Greg正试图把钱投资到他非常有信心处于有利位置的地方。为什么不投谷歌呢？他们做得非常出色。

That's a lot of pressure, really, and I think Greg is trying to invest money somewhere he's very confident is in a good position. And why not Google? They've done an amazing job.

我的团队让我投资了谷歌，我当时也同意，'好吧，我们投资这个，但我想知道这家科技公司中什么触发点会让我们退出。什么故事变化会让我们退出这笔交易，因为我知道故事会变。这就是科技的本质。

看原视频21:13

2026-08-25看涨

《The Super Investors Are Buying BIG.》

GOOGL被低估且是好的买入标的；盈利增长将市盈率压缩至约17倍，DCF显示低估22%，强劲的资产负债表支持AI支出。

伯克希尔·哈撒韦，他们正在买入，特别是沃伦·巴菲特，正在买入更多的谷歌。是的，巴菲特刚刚将他在A类股的头寸增加了45%，并且他还将C类股在伯克希尔投资组合中的比例提高到了3.2%。

Berkshire Hathaway, they are buying, Warren Buffett specifically is buying, even more Google. Yes, Buffett just added another 45% to his position in the A shares, and he's bumped the C shares up to a 3.2% position in the Berkshire portfolio as well.

所以，这现在是他第四大持仓，而疯狂的是，谷歌在过去3个月里可能变得更有价值了。当我们报道第一季度财报时，谷歌的市盈率大约在30倍左右，而Simply Wall Street根据其贴现现金流模型认为其被高估了20%。

So, this is now his fourth largest holding, and the crazy thing is Google has arguably gotten even better value over the past 3 months as well. Back when we covered the first quarter filing, Google was trading around a PE of 30, and Simply Wall Street had it sitting at 20% overvalued from their discounted cash flow.

看原视频00:50