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Re: fung_derf post# 968

Friday, 04/28/2023 2:19:55 PM

Friday, April 28, 2023 2:19:55 PM

Post# of 1149
LOL! BRK has been a tremendous long-term investment. I have had BRK in tax deferred retirement accounts for some time. But over 15 years or so ago, the person who has our accounts reached out to tell us the large Pepsi position in my wife's account had grown so much that she was then seriously overweight PEP, so we sold half the PEP and put it in BRK B shares, and that has been tremendous also. The funny thing is, Buffett has done great with Coke but if he had put the same amount in PEP he would have done much better. KO wins on the drinks, but the cash cow with PEP for years has been Frito-Lay and the salty snacks.
Gatorade and Quaker Oats was good for PEP also. but BRK is the long term best investment.
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