3 ms·

If this was done slowly, it could be an extremely effective strategy. Not too different from what Berkshire did with See's Candies. http://www.fool.com/investi

• francoisdevlin 11y ago
  Except... 1. No one dies if they don't get See's Candies 2. There are other chocolates out there
  • elevenfist 11y ago
    And you can make chocolates in your kitchen with ingredients from a grocery store.
  • jmsdnns 11y ago
    I didn't mean to suggest what he's doing is good. Just that it's a common business strategy and this person applied it in a horrible way. Most people don't want to get rich slowly, as Charlie Munger says
• cm2012 11y ago
  That's really very different. Berkshire isn't undercutting anybody in price with See's, just getting a premium for a brand name.
  • jmsdnns 11y ago
    That is a fair distinction. I believe the common thing between them is exercising untapped pricing power.