Warren Buffett Investing $600 Million In Snowflake IPO

Whitney Tilson’s email to investors discussing Warren Buffett investing roughly $600 million in the upcoming IPO of Snowflake.Q2 2020 hedge fund letters, conferences and moreWarren Buffett Investing In Snowflake IPOIn light of Warren Buffett’s lifelong aversion to both initial public offerings (“IPOs”) and tech stocks, I was surprised to see that Berkshire Hathaway (BRK-B) is investing roughly $600 million as part of the upcoming IPO of Snowflake, a fast-growing cloud-software and data-warehousing company.Is Buffett, who just turned 90, losing his marbles?I think not – for the simple reason th…

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HEDGE accordingly