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Author Topic: Warren Buffett Loves Ice Cream and Sees Business Opportunity  (Read 864 times)

pioneer

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Warren Buffett's love of ice cream and his eye for a business opportunity came together when Berkshire Hathaway bought Dairy Queen for $585 million.

With its familiar logo, glimpsed from highways and movies alike, the soft ice-cream company founded in 1940 has in excess of 5,700 outlets from Omaha to Oman.

Dairy Queen's fare now includes hamburgers and fries and soft drinks such asg Coca-Cola - a business in which Mr Buffett also has a large stake.

Since 2005, Dairy Queen has been expanding and lately announced its intention to open 500 more outlets in China over the next few years.

As Buffett put it in his annual shareholders' letter: "We have put our money where our mouth is." - BBC

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Romans 10:9
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cujo

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Re: Warren Buffett Loves Ice Cream and Sees Business Opportunity
« Reply #1 on: June 02, 2010, 10:05:46 PM »
I read before that Warren Buffet would leave the bulk of his money to his and his wife's foundation.

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