Warren Buffett on Saturday compared the buying frenzy by special purpose acquisition companies, or SPACs, to gambling with other people’s money and said their activity has made it tough for his company, Berkshire Hathaway Inc, to compete on deals.
Buffett says Berkshire “not competitive” with SPACs on deals
2021-05-01T21:14:51-04:00May 1st, 2021|