Why Warren Buffett Always Avoids IPOsRupert Hargreaves
Throughout his lengthy career as an investor, Warren Buffett has always stayed away from IPOs. The one exception to this was Berkshire Hathaway's involvement in Snowflake's IPO last year.
As Buffett hasn't commented on the deal directly yet, I think it's reasonable to assume that one of his investing lieutenants . . .
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