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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: DTB ✭  😊 😞
Number: of 15058 
Subject: Re: Nestle Jim
Date: 02/29/2024 1:37 PM
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Their products do not do well outside they US, where their penetration has topped out.

====

I probably misunderstood Jim's sentence. I understood it as penetration having topped out in the US while he probably means "topped out outside the US", which is exactly what I wrote - - - still I am baffled by the "do not do well outside the US". Growth wise, maybe, but therefore you get moat and unavoidability "forever".


You probably misunderstood it because there is a mistake somewhere in the sentence. It is pretty unusual for Jim to make any grammatical errors, probably because he proofreads and edits much better than I do. But in this case, I think he may mean something completely different from what you have understood, and I suspect it is because a whole phrase disappeared accidently in the editing. Fortunately, no exigisis is necessary, we can just ask the scribe to see what he meant!

DTB
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