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CNNMoney:
Warren Buffett's investment group, Berkshire Hathaway, bought more than 132 million shares of food company Kraft, according to a document filed with the Securities and Exchange Commission Thursday.
Billionaire Buffett, whose nickname is the "Oracle of Omaha," is one of the world's most well-known investors.
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I thought Buffett was smart. Perhaps he's been to Margaritaville with the other Buffett. As poorer but smart people feel the weight of the depression more and more, they will be purchasing less and less processed food.
Isnt Kraft owned by philip morse? I wonder if Buffet and PM will be considering nicotine and Cheese macaroni for kids??
"He's the Big Man, the Top Dog, the Big Cheese..."
Rex Kramer, Airplane.
He read too that Mac & cheese sales are sky rocketing. Although he seems a bit slow, that news has been out awhile now.
Got Rope?
Buffett strikes again, brillant. Mac and cheese will be the main course on dinner tables all across america before long. The man is a genius.
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First Posted: 02-15-08 12:23 AM | Updated: 03-28-08 02:45 AM