Warren Buffett on Kraft Heinz performance

by MOINSBD

At the annual Berkshire Hathaway shareholders meeting live streamed on Yahoo Finance, Warren Buffett, Charlie Munger, and CEO of Berkshire Hathaway Energy Greg Abel discuss how Kraft Heinz has been faring during COVID-19.
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8 comments

AConsideredMoment May 2, 2021 - 1:31 AM

With respect, that answer was altogether lacking and would be considered insufficient by either of these gentlemen if put to Greg Abel or the Kraft Heinz CEO in private. COVID-19 has been a time of cost-saving and nostalgic eating of comfort foods for many. Those should have been top line revenue drivers with profit as a function of the difference between the top line revenue and the costs and driven by operational improvements. So, the question is whether or not the company is a viable short or long-term investment or whether these losses should be cut.

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ingaykim May 2, 2021 - 1:43 PM

The problems is the bad and evils is used and using to trades in the stock's markets in the middle of pandemic covid19 and calamities since last year 2020and untill 2021 now to invests the investors of the greed, greedy and predators to making in

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Justin May 3, 2021 - 7:17 AM

They never created anything. They bought into other people's hard work. Elon Musk creates

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Tesheng Liao May 3, 2021 - 9:22 PM

Warren's favorite meal is macaroni and cheese with ketchup plus a side of cherry coke.

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Nguyễn Huỳnh Thái Huy May 5, 2021 - 12:39 PM

This is the most important part – true warning philosophy

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Marcus Pieterse May 11, 2021 - 11:13 AM

Should've bought L'oréal or Nestle instead

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Justin May 13, 2021 - 5:35 AM

Paul pinto they are richer than me but I guarantee my life is fuller

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periyasami yadav May 15, 2021 - 5:00 AM

Kraft Heinz is a unskilled business always focus on how to buy others business..

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