Warren Buffett: I’m not buying the Uber IPO, but I’ve never bought any IPO PUBLISHED 2 HOURS AGOUPDATED AN HOUR AGO Fred Imbert @FOIMBERT KEY POINTS While IPOs of disruptive companies like Uber and Lyft are widely followed, Buffett says you need a good reason to buy into them, just like with any other company. “In 54 years, I don’t think Berkshire has ever bought a new issue,” Buffett tells CNBC. “I’m not saying that what we’re buying is going to work out better, but there have to always be better things than one single issue.”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.