Buffett is someone who we look up to. A lot of people consider him God. His nickname is the Oracle of Ohama.
But how did he miss the accounting fraud and the product lineup stagnation at Kraft? Buffett is Kraft's biggest shareholder, so did he simply get lazy and take his eye off the stock? Did he not see that 3G was trying to squeeze every penny out of Kraft for short term gains, but to the expense of the long term stability of the company?
This has to be the biggest mistake Buffett has made in his career.
Submitted February 24, 2019 at 10:00PM by Robo_dogo https://ift.tt/2Iyc77a
