The Google founders in their 2004 IPO prospectus disclosed that significant portions of their annual reports contained commentary reflecting the teachings and insights of Warren Buffett. Specifically, the documents indicated that these insights were a key component of the company’s investment strategy. The founders stated that the essays and philosophies of Buffett served as a foundational element in their long-term business decisions. The company’s early focus was on analyzing and investing in various technologies, with Buffett’s principles playing a role in the strategic approach.
Credits: US Top News and Analysis