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BullNBear52

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BullNBear52

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Re: None

Monday, 05/06/2019 10:29:15 AM

Monday, May 06, 2019 10:29:15 AM

Post# of 54427
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.”

https://www.cnbc.com/2019/05/06/warren-buffett-im-not-buying-the-uber-ipo-but-ive-never-bought-any-ipo-ever.html

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