I was not surprised to see that Warren Buffett chose to use Berkshire Hathaway's (BRK.A)
considerable cash hoard to acquire another high-quality consumer brand
that sees shoppers buy the same products over and over across decades.
Insofar as brand quality, return on capital, and high-return growth
potential, H.J. Heinz (HNZ) is a Buffett stock through and through. That said, the price that Buffett was willing to pay is pretty shocking to me.
Please continue to the full article:
Heinz May Be A Buffett Stock, But This Isn't A Buffett Price
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