Berkshire Hathaway agreed to put another $10 billion into Alphabet on June 1, taking $5 billion of Class A stock at $351.81 and $5 billion of Class C at $348.20 through a private placement. Read it for what it is: the most conservative large-cap investor on earth, a firm that spent decades treating technology as off-limits, writing one of its biggest checks of the cycle into the company building the picks and shovels of the AI economy. This is not a clever trade around a quarter. It is a statement about the next decade, and the people making it have a longer time horizon and a better track record than almost anyone in the market.