New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic Search
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicSearchLog In
Whitney Tilson Loves Buffett's Heinz Acquisition
Posted by: CanadianValue (IP Logged)
Date: February 14, 2013 03:39PM

Whitney Tilson loves the Heinz (HNZ) deal despite the seemingly rich price of 20 times earnings for a slow growth business.

Why? Because it takes a big lump of Berkshire (BRK.A)(BRK.B)'s cash which is earning nothing today and creates a decent and growing return. And also because Tilson loves the management team at 3G Capital (the partner in the deal) who Tilson thinks is the best management team in the world over the past 20 years. You can expect the 3G guys to bring a lot of efficiency to the Heinz operation.









Guru Discussed: Whitney Tilson: Current Portfolio, Stock Picks
Warren Buffett: Current Portfolio, Stock Picks
Stocks Discussed: HNZ, BRK.A, BRK.B,
Rate this post:

Rating: 4.0/5 (1 vote)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide