See’s Candy Shops and its life as part of Berkshire Hathaway is a fascinating case study of how a good business can be nurtured as part of a larger organization. The History of See’s Its original owners sold the candy business to Blue Chip Stamps in 1972. Blue Chip, a trading stamps business, was controlled by Warren Buffett and his partners, Rick Guerin and Charlie Munger. The trio was looking for opportunities to deploy Blue Chip’s excess cash at a high rate of return, and while they initially bulked at the price See’s sellers were demanding for the business, they…
Why Buffett Loves See’s Candy And Why You Should As Well
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 ValueWalk
