IPO

Market Insights: Buying Wonderful Businesses — Lessons from Buffett on IPOs

Market Insights: Buying Wonderful Businesses — Lessons from Buffett on IPOs

There’s something inherently exciting about a company going public. Familiar names, compelling growth stories, and the possibility of “getting in early” can make IPOs especially appealing to investors. But does that excitement typically translate into better investment returns? As is often the case in investing, the answer is “no.”