#19
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Re: The King of Beers.
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First, you could Google the Buffet thing and it would come up right away. I'm surprised you work in finance and didn't hear about this a month ago or so. [/ QUOTE ] Did a quick search before the other post, but didn't go back far enough... this was announced back in April apparently. Thanks! [ QUOTE ] If you're looking for a stock to buy and then sell before Christmas, BUD isn't for you. If you're looking for long-term growth and returns above the S&P, I like their chances. [/ QUOTE ] This is basically what I said. It is important to remember that BRK buys businesses for the long haul and doesn't care much about short term results. However, the opportunity cost for an individual investor to act in a similar fashion is huge. To quote Buffett with regard to BUD, "I would not expect the earnings to do much for some time, but that's fine for us." Bottom line: Put BUD on your watch list, but make your profits somewhere else this year. |
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