The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Andy Cross and Jason Moser, discuss the top business and investing stories of the day.
Berkshire-Hathaway (NYSE: BRK-B ) and 3C Capital are buying H.J. Heinz (NYSE: HNZ ) for $23.2 billion in cash. Warren Buffett paid a 20% premium for the shares, which were at an all-time high. What does the deal mean for investors? In this installment of MarketFoolery, our analysts discuss Buffett's big buy.
Warren Buffett's long track record of success has made him one of the best investors of all time. With the Buffett at the helm, Berkshire Hathaway has grown book value per share at a compounded annual rate of 19.8% for nearly 50 years! Despite an incredible historical track record, investors have to understand the key issues to watch moving forward. To help investors, The Fool's resident Berkshire Hathaway expert Joe Magyer has created this premium research report on the company. Inside, you'll receive ongoing updates as key news hits, as well as reasons to both buy and sell the stock. Claim a copy by clicking here now.
The relevant video segment can be found between 0:45 and 8:04