Subject: Re: OT: Nestle (NSRGY)
Negatives: ..... coco prices
Forget about that. It's not Hershey. Chocolate is just one of many income streams of the world's food giant.

Some smart BRKB holders have owned Nestle forever
After both waiting since a long time Jim bought, I bought a little (not claiming to be a smart BRK holder), but do not expect longterm returns to be any better than the index. It's not cheap, probably will never be, but since ages it's far more constant and less variable than any index, so rather than a stock I see it more as a longterm 7% Bond (with a tiny short-term push possible as it's currently a little less expensive than usual).