The Business Times
SUBSCRIBERS

Nutritionists wary of Buffett's portfolio

He is adding to his investment more food brands regarded by many as junk food

Published Thu, Mar 26, 2015 · 09:50 PM

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.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here