Why You Should Avoid IPOs – ValueWalk Premium
Warren Buffett

Why You Should Avoid IPOs

Warren Buffett is well known for his belief that you should avoid IPOs, a theory that Monish Pabrai also holds. In a recent interview with ET Now, Pabrai gives us some more insight into why he holds this view and why he believes, all investors should avoid IPOs if they want to do well over the long-term.

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