Post #5599 by DTB on the Berkshire Hathaway board

Be as clear and concise as possible in your posts, and avoid using jargon or unnecessarily complex language. Use proper spelling and grammar, and make sure that your posts are easy to understand.

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How does an increase in raw materials be good for HSY?

Chocolate is the expensive raw material in chocolate bars, so if chocolate becomes more expensive, a company that makes its so-called chocolate predominantly with milk, milk solids, sugar, carageen, and so forth, and very little chocolate, will have an improved competitive position. For instance, a Hershey bar has about 11% chocolate...

https://www.washingtonpost.com/archive/lifestyle/f...

dtb

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