Just like the GE deal. Extraordinary deal with a money-good OK company. Buffett wasn't interested much in GE before--and hasn't owned it since. Doesn't matter. His INVESTMENT was a Home Run. Just like this Heinz investment IMO. Just like the Bank of America Titanic Home Run Investment---6% a year plus $3 Billion gift horse equity kicker in a year and a half.Maybe you're getting the GE THRI (Titanic Home Run Investment), with its $3 bn gift horse equity kicker, mixed up with the BAC THRI, with its $5 gift horse equity kicker. Unless you're talking about how far it is in the money now, which would be $5 bn *($11.44/$7.14)= $3 bn in the money at today's prices. So with its 69% return in 18 months, the BAC one is more like a STHRI - Super Titanic Home Run Investment.Regards, DTM
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