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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: 5thhorseman   😊 😞
Number: of 22353 
Subject: Re: OT: Hershey
Date: 12/28/23 10:51 AM
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A bit of napkin math. Google tells me that the Hershey chocolate bar is 43g (1.55 oz) and is 11% cocoa.

If cocoa is EUR 9600 per metric ton (as per the article) that's enough for 211,416 chocolate bars or about 4.5 euro cents per bar.

I'm sure there's some poor assumptions there but as a ballpark calculation it doesn't look like it's too bad for the maker of low quality chocolate (11% compared with 20% for the average bar, according to the article).
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
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Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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