Warren Buffett says the 'jury is still out' on companies that aren't making money

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Buffett notes that loss-making tech companies could work out.

"I think the jury is still out on whether on which the operations to which have grown very rapidly in size but are still incurring losses how they will do over time," said Buffett, citing Amazon as a

stunning success which had employed this model.have gone public in recent weeks, raising over $1 billion each, despite posting significant operating losses. Trading has been mixed among the 2019 IPO class.

 

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I think Warren is being kind and gentle - you can have losses but you aren’t a company for long if that’s the long term story

or Not.

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 /  🏆 729. in JP

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