I totally agree. I've been looking at these "old favourites" (Nestle was also touted as a buy and hold forever at the right price) at around 20x earnings and it's held by some of the super investors, however, I can't get excited about the future returns when there's tech companies with little debt and moats trading at single digit earnings and PCFC. I think Tecmo highlighted the the Kraft / Heinz example too. After reviewing them all If I was to dip a toe in this space it would be Diageo where the eps growth potential is greater IMO.

I'm sticking to Berkshire and Moaty tech in the US and China. Perhaps I need to diversify more? or like the FANG stocks anything else is deworsifying! These tech cos have terrific growth and runway potential.