Reply to post: "He would never buy a company that manages to lose more money than it collects in revenue"

Stock market blizzard: Snowflake set for £33bn IPO as valuation bubble keeps on expanding

John Smith 19 Gold badge
Unhappy

"He would never buy a company that manages to lose more money than it collects in revenue"

And he doesn't like companies whose revenue model looks like BS.

"hat's obviously a very false rumor put out by someone hoping to hype the launch so they can sell their overvalued shares before the bubble pops."

Sounds about right to me.

Everyone wants to claim Buffet is interested in their IPO, but he's been consistent the risk is rarely worth the reward he can't be bothered on the scale that Berkshire Hathaway operates at.

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