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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: chk999   😊 😞
Number: of 15072 
Subject: Re: Kraft Heinz
Date: 04/09/2024 2:14 PM
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No. of Recommendations: 5
3G out

"Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz
in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett."

This is pretty interesting. At one point, 3G and Jorge Paulo Lemann were being called amazing investors and business operators. But like an awful lot of highly touted finance people, after a while the magic stopped working.

Makes Warren and Charlie's track record look even more amazing.
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