In a remark that suggested a change in Buffett's outlook on the technology sector, Buffett said he regretted not investing early in not investing in this technology sector, which has been witnessing many undergoing a huge transformation in recent times.

Berkshire if not mistaken , Berkshire hathaway formerly also textile manufacturing. textile business was waning and the company financial situation was not going to improve. fathers Warren Buffet own brokerage office the son buffett takeover Berkshire and expanding into the insurance industry and other investments. As well as owning companies outright,Berkshire maintains a concentrated portfolio of equities and investments .

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