Warren Buffett stands behind Kraft Heinz and Wells Fargo Unlisted Video
4 years ago
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Warren Buffett
Charlie Munger
Berkshire Hathaway Inc
Kraft Heinz
Amazon. Com
H.J. Heinz
Alphabet Inc
American Brands
Chief Executive Officer
Warren Buffet stands behind Kraft Heinz Co and Wells Fargo & Co, two of the largest investments at his company, Berkshire Hathaway Inc. Although both companies have made mistakes that caused investors to be unhappy with them, Buffet defends them. Kraft Heinz recently faced a $3 billion writedown on its 26.7 percent stake. They took this hit because they were unable to keep up with changing consumer tastes. Wells Fargo has also faced some issues related to mistreating its customers.
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