Author Topic: 3G background-why Buffett likes them  (Read 8705 times)

villainx

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Re: 3G background-why Buffett likes them
« Reply #20 on: February 02, 2017, 07:05:50 PM »
Yeah, I would assume at the sub level that Berkshire managers are very 3G or DBS like.  Just that the performance or approach aren't focused on nearly as much.  I also might be too hung up on the cost cutting at the expense of innovation the press seems to be applying to 3G, plus 3G recent target industries aren't the easiest to innovate/grow. 

globalfinancepartners

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Re: 3G background-why Buffett likes them
« Reply #21 on: February 21, 2017, 01:07:26 PM »
The Economist's blog has a nice graphic display of 3G's companies and their profit margins over time, vs. peers, etc..

http://www.economist.com/blogs/graphicdetail/2017/02/daily-chart-17

globalfinancepartners

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Re: 3G background-why Buffett likes them
« Reply #22 on: February 22, 2017, 06:44:34 AM »
Financial Times has a nice behind the scenes article on what just happened with Unilever -  (free to read for non-subscribers through CNBC)

http://www.cnbc.com/2017/02/22/the-143bn-flop-how-warren-buffett-and-3g-lost-unilever.html


DooDiligence

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globalfinancepartners

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Re: 3G background-why Buffett likes them
« Reply #25 on: April 11, 2017, 06:03:05 AM »
http://www.cnbc.com/2017/04/11/firm-with-ties-to-buffett-reportedly-considering-topping-jabs-bid-for-panera.html

Article citing rumor that 3G is looking at potentially trying to outbid JAB on Panera.  Seems unlikely given Buffett's friendship with Byron Trott, who likely put the JAB deal together for that family.  But who knows

- article also mentions that JAB and 3G principals invest in each others' deals, making a topping bid that much more unlikely

Sources have told CNBC that the reports of 3G interest are untrue:
http://www.cnbc.com/2017/04/11/firm-with-ties-to-buffett-reportedly-considering-topping-jabs-bid-for-panera.html
« Last Edit: April 11, 2017, 07:09:24 AM by globalfinancepartners »

Spekulatius

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Re: 3G background-why Buffett likes them
« Reply #26 on: April 19, 2017, 04:41:22 PM »
No wonder, he likes 3G, he provides some funding and his reputation, and they do all the work. It's a great arrangement for the old fool, who would not like such a deal and the folks that make it possible?
To be a realist, one has to believe in miracles.

globalfinancepartners

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Re: 3G background-why Buffett likes them
« Reply #27 on: April 19, 2017, 05:00:04 PM »
Easy peasy, all it takes is complete trust and the ability to send tens of billions of dollars in equity on a week's notice plus unmatched access to credit markets

No wonder, he likes 3G, he provides some funding and his reputation, and they do all the work. It's a great arrangement for the old fool, who would not like such a deal and the folks that make it possible?