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Warren Buffett's biggest bet -- amounting to 30% of his company's portfolio -- is a new company established only in 2015.

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You Probably Won??t Guess Warren Buffett??s Biggest Bet

Warren Buffett’s biggest bet — amounting to 30% of his company’s portfolio — is a new company established only in 2015.

Warren Buffett is famous for investing in well-established, household names such as Wells Fargo Bank (WFC), Coca-Cola (KO) and IBM (IBM).

That??s why you may be surprised to learn that Buffett??s top bet — accounting for a whopping 29.21% of Berkshire Hathaway??s (BRK-B) publicly traded stock portfolio — is a brand new company established only in 2015.

But The Kraft Heinz Company (KHC) isn??t your conventional ??start-up.?

Kraft Heinz: A Classic Buffett Bet

Kraft Heinz was cobbled together as a merger of Kraft Food Group and Heinz in 2015.

Starting on day one, it was already the world??s fifth-largest food and beverage company.

Despite being a new company, Kraft Heinz has all the hallmarks of an ideal Berkshire Hathaway investment.

Buffett loves well-known, mainstream brands with simple business models and consistent earnings. And Kraft Heinz is a collection of iconic brands that all Americans recognize.

To read the rest of this article on Warren Buffett’s biggest bet, please click here.

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Written By

Nicolas A. Vardy is the London-based International Economics Correspondent for Human Events.

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archive

You Probably Won’t Guess Warren Buffett’s Biggest Bet

Warren Buffett is famous for investing in well-established, household names such as Wells Fargo Bank (WFC), Coca-Cola (KO) and IBM (IBM).

That’s why you may be surprised to learn that Buffett’s top bet — accounting for a whopping 29.21% of Berkshire Hathaway’s (BRK-B) publicly traded stock portfolio — is a brand new company established only in 2015.

But The Kraft Heinz Company (KHC) isn’t your conventional “start-up.”

Kraft Heinz: A Classic Buffett Bet

Kraft Heinz was cobbled together as a merger of Kraft Food Group and Heinz in 2015.

Starting on day one, it was already the world’s fifth-largest food and beverage company.

Despite being a new company, Kraft Heinz has all the hallmarks of an ideal Berkshire Hathaway investment.

Buffett loves well-known, mainstream brands with simple business models and consistent earnings. And Kraft Heinz is a collection of iconic brands that all Americans recognize.

To read the rest of this article on Warren Buffett’s biggest bet, please click here.

Newsletter Signup.

Sign up to the Human Events newsletter

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