https://www.cnbc.com/2018/10/29/berkshires-new-fintech-investments-fit-into-a-classic-buffett-strategy--bet-on-an-entire-industry.html

At first blush, Berkshire Hathaway's recent early-stage fintech investments may seem out of place. But they do fit with Warren Buffett's longtime strategy of making multiple bets across an entire industry.

Buffett's conglomerate, which typically takes stakes in blue chip American companies, recently invested about $600 million in two fintech companies focused on emerging markets — Paytm and StoneCo, The Wall Street Journal reported Monday. Both investments were led by one of Berkshire's two top money managers, Todd Combs.