Warren Buffett Says Alphabet Is More Likely to Win Than 95% of Wall Street — But Adds ‘I Don’t Like It as

"I would say that I don’t like it as well as at least four or five other businesses that we own," Buffett told CNBC recently.

The remark may seem surprising considering Alphabet has grown into one of Berkshire’s largest holdings. But Buffett made clear that owning a great company isn’t the same as considering it one of the very best businesses Berkshire owns.

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Buffett also answered one of the biggest questions surrounding the investment: Who decided to buy Alphabet in the first place?

CNBC’s Becky Quick asked whether the position reflected the investing style of Berkshire CEO Greg Abel, who succeeded Buffett as chief executive in January.