Buffett search for sure thing propels 76-year junk food quest

mercredi 27 août 2014

Berkshire Hathaway CEO Warren Buffett listens to a shareholder at the Berkshire-owned Borsheims jewelry store where Buffett was selling jewelry as part of the company annual meeting weekend in Omaha Billionaire investor Warren Buffett got his entrepreneurial start at age 7, buying six-packs of Coke for a quarter, then hawking the beverages for a nickel apiece on hot summer nights. Berkshire Hathaway Inc. agreed yesterday to provide $3 billion of financing for Burger King Worldwide Inc.'s purchase of doughnut chain Tim Hortons Inc. Buffett, Berkshire's chairman and chief executive officer, has built his career investing in businesses that have broad consumer recognition and appeal. "I'm the kind of guy who likes to bet on sure things," Buffett said last year at Coca-Cola's annual meeting.








via Business News http://ift.tt/1lefnCD

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