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Warren Buffett Hasn't Bought an IPO Since 1955: Should You Invest in Lyft Now?

Chris Versace

Thursday, in an interview with CNBC's Becky Quick, Warren Buffett shared that not only hasn't he bought an IPO since 1955, but he can find something better to invest in than Friday's from ride-sharing service company Lyft Inc. No. Buffett's portfolio is not one that is heavy on technology or tech service companies, and odds are he sees somewhat low-entry barriers. alter their business models toward on-demand autonomous cars.