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Strategies & Market Trends : Buffettology

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To: Shane M who wrote (1713)7/27/1999 1:22:00 PM
From: Michael Burry   of 4661
 
Today I bought into Pepsi as a Buffett stock, and put it in one of my niece's 18 year accounts. Everyone knows it is a Buffett company. It's been run by idiots without much fail. Now it appears to becoming more aggressive. Having shed YUM and PBG, and making the EU complaint. Even making market share gains. Something's going on. And it appears cheap as these sorts of companies go. Funny, but I also bought YUM today with the intent to hold it. There's been a modicrum of insider buying in each, which is about all I'd expect in such large caps.

Mike
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