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Buffett says Berkshire 'overpaid for Kraft' business and was 'wrong in a couple of ways' about the investment

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Buffett bought Kraft Heinz on flawed securities analysis. You & I don't need securities research if we stop investing in individual stocks & instead in ETFs tracking major indices like SPY, VT so on!

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Berkshire earnings estimate cut in half because of Kraft mess as investors await Buffett letterThe release of Warren Buffett's annual letter is clouded this year as investors confront an unpleasant last-minute surprise. A chink in the armor
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