Why Buying See’s Candy Was Such A Big Deal For Warren Buffett

Rupert Hargreaves

Published onDecember 23, 2021

One company has had more of an impact on Warren Buffett and Charlie Munger's investment style than any other, and that is See's Candy.

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When the duo acquired this company, it marked a significant change in their investment style.

After following in the footsteps of Benjamin Graham for all of his career until that point, Buffett's decision to acquire the business for Blue Chip Stamps in the early 1970s dragged him away from deep value investing. He has never looked back. Over the past 50 years, See's has become a profit center for the group, reliably throwing off capital year...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Why Buying See’s Candy Was Such A Big Deal For Warren Buffett

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