, 18 tweets, 5 min read Read on Twitter
Really good intvw w/ Buffett. Very honest, informative, more open than other years imo. Less of the aphorisms, more detail esp re: Kraft Heinz, brands. Good stuff on banks, Sokol shout out, BYD, pensions, AAPL. Incredibly sharp @ 88. Now if we could just get Kernen to not talk
Buffett on investing being harder than in the past: 1) Law of large numbers 2) access to information
On BYD and Electric Vehicles
In response to if he gets queasy from drops in stock like Kraft Heinz. TL,DR: no
On the 3G relationship, formula and partnering with them in the future
On concerns with Kraft Heinz… we overpaid, too much debt $KHC
Why JP Morgan now? $JPM
On Banks Being 6 of his top 10 holdings + Bank of America $BAC
On his interest in buying more Apple $AAPL
On Apple buybacks $AAPL
On the economy, GDP
On underfunded pension liabilities
On Buying the Dip and Apple
On buying in 2008 and a David Sokol appearance
Is the Market Expensive? Interest rates Joe, interest rates
Brutal honesty re: Kraft-Heinz. TL,DR: I’m not going to sell, but I would sell it if it wasn’t so damn big $KHC
Did 3G under invest in Kraft-Heinz brands?
On CPG vs Retailers, Brand Power, Kraft-Heinz, Private Brands
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