Saturday, March 26, 2011

Buffet Bearish On Social Network Sites IPOs

Facebook and Twitter are huge but Buffet has another take, not interested. Unfortunately, the article doesn't get into the specifics. Perhaps its because any pronouncements from the man at this point don't even require amplification.

Bloomberg: Buffett Says Social-Networking Sites Overpriced Ahead of Public Offerings
“Some will be huge winners, which will make up for the rest.”

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