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Warren Buffett didn't always have warm, fuzzy feelings about Uber

Warren Buffett didn't always have warm, fuzzy feelings about Uber

5 years ago
Anonymous $2WKDXfy9lA

https://www.cnbc.com/2018/05/31/warren-buffett-didnt-always-have-warm-fuzzy-feelings-about-uber.html

Warren Buffett told CNBC on Wednesday that it was true his Berkshire Hathaway considered investing in the privately held ride-hailing company Uber earlier this year, but he wasn't always so enthusiastic about the sharing economy.

During Berkshire's 2014 annual meeting, Buffett handled a question about whether the disruptive business model used by Airbnb and Uber was here to stay and what implications that had for their sectors.