The famed investor also joked that he and his business partner, Charlie Munger, brought a"modicum of product expertise" to the deal and had"put our money where our mouth is" as they were longtime customers.
It's a bonus that Bader's boss exemplifies the deep affection many people feel towards his company, he said. He cited the company's longstanding relationships with suppliers as a key reason why they"went out of their way" to keep its locations stocked. "How do you thread that needle between a consumer who still wants to eat out, but is feeling more pressure, and yet we need to still reasonably increase prices to stay in business and have reasonable profit?" Bader asked."That's the balance we're trying to find."
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