Subject: Re: OT: Hershey
Global blue chip hated and on sale?

Well, it's definitely more out of fashion than it usually is. But only by its own standards would it be considered "on sale". It's not conventionally cheap by any means.

Sometimes things this good are actually cheap. That's the joy of equities.

Q: Mr Buffett, why do you invest so much in stocks instead of, say, real estate?
A: Because real estate prices are so much more rational.

Jim