|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Whitney Tilson Loves Buffett's Heinz Acquisition
Posted by: CanadianValue (IP Logged)
Date: February 14, 2013 09:39PM
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.
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.