Should Warren Buffett Invest in Lemonade?
2020 has been a very active year for initial public offerings, or IPOs. Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) even put some money to work in a new issue for the first time ever when Snowflake (NYSE: SNOW) went public a few months ago.
There's another recent IPO that could make a lot of sense in Berkshire's portfolio: insurance tech company Lemonade (NYSE: LMND). Here's why Warren Buffett and his team should take a closer look at this exciting and innovative company while it's still a relatively small business.
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Source Fool.com
