Subject: Re: Nestlé...
I have enough trust in Nestlé do believe they do and will continue to be a great company.

That has traditionally been my view. They didn't become the world's biggest food company by being bunglers, historically. I have been extremely impressed with their long term view on many things.

But the stumbles are hard to ignore. How many CEO's have they had in the last couple of years? Four now?
More importantly, it is very hard to distinguish between cyclical trouble and end-of-an-era trouble.

Jim