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Wednesday, March 25, 2015

Nutritionists warn diners to be wary of Warren Buffett's "junk-food" portfolio, (NYSE: BRK-A), (NYSE: BRK-B), (NASDAQ: KRFT)

Following Warren Buffett's investment advice may be smart but nutritionists say that eating too many of the "junk-food" products made by companies he has invested in isn't quite as wise. His move on Wednesday to inject Velveeta cheese, Jell-O, Lunchables, Oscar Mayer wieners, and Kool-Aid into his portfolio, stuffs an already amply supplied larder. The additions came from the acquisition of Kraft Foods Group Inc by H.J. Heinz Co, which is controlled by 3G Capital and Buffett's Berkshire Hathaway.His larder already included everything from Burger King's Triple Whopper burgers, Coca-Cola soft drinks and Tim Horton donuts to See's Candies and Dairy Queen icecream Blizzards, as well as such Heinz brands as Tomato Ketchup, Ore-Ida fries, bagel bites and T.G.I. Friday's mozzarella sticks.Altogether, Buffett is assembling one of the biggest ranges of snack food brands in the world. Heinz does say on its website that its global portfolio "is centered on nutritious foods made with tomatoes, beans, fruits and vegetables" but nutritionists still regard many of the products as closer to the junk-food category.One of the world's most successful investors, the "Oracle of Omaha"does, though, eat what he invests in. The 84-year-old CEO of Berkshire Hathaway relishes a high-sugar, high-salt diet that is akin, he has said, to eating like a 6-year-old.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A remained unchanged at $217000.00. In the past year, the shares have traded as low as $181785.00 and as high as $229374.00. On average, 300 shares of BRK-A exchange hands on a given day and today's volume is recorded at 597.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.51% or $-0.73/share to $143.56. In the past year, the shares have traded as low as $121.09 and as high as $152.94. On average, 3687790 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3993383.

Kraft Foods Group, Inc. is a consumer packaged food and beverage company. Shares of KRFT traded higher by 35.62% or $21.84/share to $83.17. In the past year, the shares have traded as low as $53.33 and as high as $87.88. On average, 2992940 shares of KRFT exchange hands on a given day and today's volume is recorded at 99896093.



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