Inflation Cools in March, What Buffett Told CNBC, Emerson's $8.2B Deal 4/12/23
Squawk on the Street
00:00
The Inability of Credit Titans to Go Public
The IPO market is just as close as I've ever seen it in my career. How many small mom and pop hamburger breakfast places may not have the runway to keep going? Warren Buffett: If you had companies that offer a really better hamburger at a lower price, they would be able to finance 50 stores immediately next to McDonald's. That makes it so an incumbent does better, and it makes you feel more likely to want to own the stock of McDonald's.
Play episode from 08:04
Transcript
