Nutritionists wary of Buffett's portfolio
He is adding to his investment more food brands regarded by many as junk food
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New York
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 by HJ Heinz Co, which is controlled by 3G Capital and Mr Buffett's Berkshire Hathaway.
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