Warren Buffett Writes About His Investment In See’s Candies, Inc.

In his last letter to shareholders, Warren Buffett CEO of Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) mentioned his investment in the candy-maker, See’s Candies, Inc. is owned by Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) By his standards, it is a minuscule holding.

What’s important is that over the years since its purchase in 1972 for $25 million, the candy chain has generated profits of $1.65 billion for Buffett, who said in 2007: “After paying corporate taxes on the profits, we have used the rest to buy other attractive businesses. Just as Adam and Eve kick-started an...