CNBCのインスタグラム(cnbc) - 2月23日 01時05分


Shares of Kraft Heinz, whose products include Heinz Tomato Ketchup, Jell-O and Kraft Macaroni & Cheese, plunged more than 25% shortly after the opening bell Friday. The stock plunged on slew of bad news, including a dividend cut and a government investigation.⁣⠀
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For Berkshire Hathaway — which owned more than 325 million shares at the end of 2018 — the losses are steep.⁣⠀
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At current levels, Berkshire Hathaway is down $4.2 billion on paper in Friday's session alone. ⁣⠀
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Kraft Heinz is Berkshire sixth-largest holding behind Apple, a few banks and Coca-Cola.⁣⠀
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Buffett defended the investments as recently as May 2018 in an interview with CNBC's Becky Quick. "If you take Heinz Ketchup, it's very, very, very hard to take share away from Heinz Ketchup. It's hard to take share away from Philadelphia Cream Cheese," he said at the time. "They're still very, very good businesses."⁣⠀
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More, at the link in bio. ⁣⠀
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*⁣⠀ #warrenbuffett #berkshirehathaway #invest #investor #finance #moneygram #stockmarket #stocks #investing #portfolio #tradertalk #money #trading #wealth #wallstreet #wallst #businessnews #CNBC⁣⠀
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