Always treat others with respect and kindness, even if you disagree with them. Avoid making personal attacks or insulting others, and try to maintain a civil and constructive tone in your discussions.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 0
No. of Recommendations: 1
"The Mars family is getting larger (more members & generations). Now would be a good time for the family to exit."
I would imagine if the family wanted to exit it would be a competitive process with multiple suitors. Perhaps Warren's home for life promise would be appealing but money talks.
No. of Recommendations: 12
"The Mars family is getting larger (more members & generations). Now would be a good time for the family to exit."
I would imagine if the family wanted to exit it would be a competitive process with multiple suitors. Perhaps Warren's home for life promise would be appealing but money talks.
I don't think they want to exit, but if they did want to exit why would they lever up to buy a very fully priced Kellanova right before putting themselves on the market?
No. of Recommendations: 3
I agree.... Warren has lusted after Mars forever. Chances of happening are small to non existent.
No. of Recommendations: 2
It is akin to PE firms rolling up firms in an industry or business sector. Buy Kellanova for a reasonable price now and average it’s value into the larger massed value of Mars.
Regarding Mars family shopping their company (and other similar size family owned companies), a Pritzker family type of situation is a consideration where, say, 50% of the members want a cash exit for their share and the remainder want to keep their seat on the company bus. Berkshire can easily accommodate that structure. In all fairness, a very large PE firm can also accommodate that structure, too.
A local family sold their multi-generational business to P&G back in the 1980s. The family continues to have reunions and for years there were members commiserating their loss of attachment to the business. The Pritzkers members seeking to continue in business together solved that problem by forming a new family vehicle for owning high quality companies with their inheritance proceeds.
Heck, this is a mental construct attempting to answer why Berkshire is amassing a huge cash chest. What do I know? Answer: nothing.
Uwharrie
No. of Recommendations: 2
I think he has also lusted after In and Out forever.
