|Day Low/High||32.72 / 33.86|
|52 Wk Low/High||19.99 / 36.37|
The fourth quarter's dreadful performance may seem like a distant memory, but it was quite brutal.
* I plan to continue to short all gaps higher While month end lies ahead (in only a few days), I don't view today's action as too sporty and sustainable: * Both the S&P and Russell Index appear about to drop below their opening prints - the has alre...
Does Berkshire Hathaway still offer value for investors?
In this day and age, companies must be 'disruptors' or get left in the dust.
Aurora's prominent partner could be cannabis' key to breaking into consumer segments.
Buffett confirmed he is not selling KHC after the recent drop, and this stock could have significant upside from here.
However, the RMPIA did not see as much improvement last month as some other market indices.
A rising market obviously doesn't hurt these issues that were hammered in 2018, but most also are outperforming a couple key market indices.
Good individual traders will produce returns far in excess of anything that traditional Wall Street will earn.
No one wants a Kraft Heinz moment.
* Further reducing gross longs * And increasing my overall net short exposure I have also moved my position from large-sized to medium-sized. (And I plan to stay there.) With the recent liquidation of , , and longs, profit taking in a substantial a...
Cash is a lazy asset, but the genesis of Berkshire's underperformance has been choosing the wrong investments.
If you own you should read this analysis from my pal Roger Lipton: RESTAURANT BRANDS WEAKENS AFTER KRAFT HEINZ DISAPPOINTS - WHY? It is not a coincidence that Restaurant Brands stock was uncharacteristically weak, in a strong market, on Friday, as K...
That's not to say that KHC won't recover, but that said recovery may be drawn out, and shares could head lower from here.
A company needs both sales and profit growth, and Kraft Heinz isn't going to give you either on a sustainable basis.
KHC has a big problem on its balance sheet.
Someone at Berkshire needs to step up and produce a mea culpa on Kraft Heinz.
So far there is no bounce in Kraft Heinz which is not a good sign.
Buffett 'knows' Kraft Heinz well (he'd been on the Board for several years) and is capable of making a quick decision.
*It's a non trivial possibility! Overnight I reflected upon the abysmal news at Kraft Heinz : * SEC accounting probe * EPS miss (based principally on rising costs as top line growth was, more or less, in line) * Lower profit guidance (see above, cou...
Shares of food giant are cratering as faith in management fades.
The media will be seeking comments from Warren Buffett but I like to keep it simple and look at the charts and indicators.
* I am surprised Kraft has accounting issues as it is "under the influence" of Berkshire Hathaway . What surprises me about the SEC accounting probe of Kraft is that Berkshire Hathaway has been the largest investor (with 26.7% of the company) and is...
"Just one more thing" - Lt Columbo When a company is being investigated for accounting issues by the SEC, as Kraft Heinz has been , my discipline is to immediately sell the position - which I have in the after hours (for a loss). Kraft Heinz stock ...
Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?