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Market Chatter: Buffett Admits He Overpaid for Kraft

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Dubster watching   Wednesday, 02/27/19 01:44:13 PM
Re: rtigert post# 158
Post # of 211 

Market Chatter: Buffett Admits He Overpaid for Kraft Heinz, But Has No Plans to Sell the Stock
BY MT NEWSWIRES — 02/25/2019
09:51 AM EST, 02/25/2019 (MT Newswires) -- Acknowledging that he "overpaid" for his investment in Kraft Heinz Company (KHC) , Berkshire Hathaway (BRK.A, BRK.B) CEO Warren Buffett said in an interview on CNBC that he has no plans to sell the food and beverage business.

"The interesting thing about Kraft Heinz (KHC) is it's still a wonderful business," Buffett said.

Me- call me silly but I got a better price per share than ol W Buffet.


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