1 Warren Buffett Stock Down 62% to Buy in 2024 and Hold
The Motley Fool
JANUARY 1, 2024
Food conglomerate Kraft Heinz (NASDAQ: KHC) is a rare example of his investments gone bust. After all, he's owned it since he helped arrange a merger to create the entity in 2015. However, the merger also loaded up the new entity with debt. Below, the merger more than tripled the company's debt to over $30 billion.
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