
2019-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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We Paid Too Much for Kraft Heinz
We paid too much money for Kraft, to some extent, our own actions had driven up the prices. Now Kraft Heinz, the profits of that business, 6 billion, we'll say very, very, very roughly. But you can pay too much for a wonderful business. We bought C's candy and we made a great purchase as it turned out but there's some price at which we could have bought even C's Candy and it wouldn't have worked.
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