Warren Buffett’s Kraft Heinz Bet Dragged Down Berkshire Hathaway in 2018

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Warren Buffett's Berkshire Hathaway swung to a $25.4 billion loss in the fourth quarter due in part to an unexpected write-down at Kraft Heinz

 

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KeiserReport i hope one day i can 'swing' to that much and brush it off my shoulder. 🙃

Maybe he should stop running his mouth and get back to running his business.. When you keep reaching around to pat your back you lose sight of what is coming from the front...

KeiserReport Somebody’s loss is somebody’s profit in Stock market

Due mostly to the Kraft Heinz write down. Amazing that they were not following and adapting ton the changes in the consumers buying habits.

Somebody was, is and will be fiddling with figures to limit tax pay. This cannot be a “ natural” or “swings can happen” swing this is manipulated. Full stop and it should be investigated. And if correct they should blame management and sue them

I will be buying KHC at some point.

Avarice is on a good eternal strategy.

Why it’s unexpected?

Gee-whiz! “Cheese Wiz” defeats...THE Wiz 🧙‍♂️ 💰

Who’s have thought “Cheese Wiz” would defeat the Wizard 🧙‍♂️ ...

$25 billion loss in a quarter? For a write-down? A hell of a lot of money!

I missed a superfecta at Gulfstream by one horse. We all have bad days. My wager was for $2.40. All I have left after banksters cleaned me out in 2008.

Ouch

He wasn’t the only one

William_Bhn

You win some, you lose some.

Trumps bullshit is flying in the face of good business sense.

Whoops 😬

Oversized gains and equally oversized losses are part of the game when you make concentrated bets on just a few stocks.

Maybe he’s rethinking his stand on bitcoin.

Thats what happens when you never sell. Warren Buffet has so much money in Wall Street that selling anything isnt even a thought. Also, he'll crash the stock market cause other investors observe how he trades for clues..

In today's dollars that's about 5 Walls.

I wonder if Mrs Heinz-Kerry knew that John sold all the stock.

I ❤️ DietCoke! Just finishing my morning boost as always. 🙋🏻‍♀️

Time to move to hard assets.

Warren Buffett's Berkshire Hathaway swung to a 1.67 Uber loss in the fourth quarter due in part to an unexpected write-down at Kraft Heinz

gotta pump those numbers up!

Buffett should not have partnered with that Brazilian guy. He is a shady character.

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that was a big drop yesterday. you cant call them right all the time no matter who you are.

Eat the Rich

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Warren Buffett’s Berkshire Hathaway stock falls as big bet on Kraft Heinz soursWarren Buffett’s buy-and-hold strategy doesn’t always work out, as his Berkshire Hathaway is taking a bath on its big investment in Kraft Heinz Inc., after the packaged food company reported disappointing results, slashed its dividend and disclosed an SEC investigation. Technology is better Haha this is funny 4.3 Billion with a B! That's more than enough to feed all the hungers people in the world.
Source: MarketWatch - 🏆 3. / 97 Read more »