There is a cottage industry dedicated to answering the question: “what would Warren do?”
Warren Buffett’s investment principles, laid out in his annual letter to shareholders of Berkshire Hathaway, have inspired guides, imitators and even children’s books. Thousands travel to Omaha, Nebraska each year to hear him elaborate at the conglomerate’s annual meeting.
When the next dispatch arrives later today, readers will hope to find an explanation of the thinking behind his latest $12bn-$13bn investment, the purchase of ketchup maker Heinz with Brazilian buyout group 3G Capital.
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