Berkshire in Techland

Warren Buffett and Charlie Munger have studiously avoided the IPO game for almost six full decades now. Here are some quotes from Buffett that should give you some idea of his take on these types of investments: “You don’t have to really worry about what’s really going on in IPOs. People win lotteries every day…” and “If they want to do mathematically unsound things and one person gets ...

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source https://thereformedbroker.com/2020/09/16/berkshire-in-techland/