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This Undervalued Restaurant Stock Is Up About 10% Since a Member of the Audience Mistakenly Asked About It at Berkshire Hathaway's Annual Meeting
Every year, investors from around the world gather in Omaha for a chance to talk to legendary investor Warren Buffett at the annual meeting for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) shareholders. The 2025 gathering reportedly had 20,000 people in attendance, and many waited for hours for their chance to ask a question of the Oracle of Omaha.One such member of the audience finally got his chance. He stepped up to the microphone and said, "Out of all the companies that Berkshire Hathaway owns, there was one that you acquired, the Chicago-based company Portillo's (NASDAQ: PTLO) -- hot dogs -- how did you know that this would be a good fit for the overall company's portfolio?"Buffett was gracious but visibly confused by the question. And that's because Berkshire Hathaway didn't acquire Portillo's and has never invested in the stock -- it's not among the things that Berkshire Hathaway owns.Continue reading
Every year, investors from around the world gather in Omaha for a chance to talk to legendary investor Warren Buffett at the annual meeting for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) shareholders. The 2025 gathering reportedly had 20,000 people in attendance, and many waited for hours for their chance to ask a question of the Oracle of Omaha.
One such member of the audience finally got his chance. He stepped up to the microphone and said, "Out of all the companies that Berkshire Hathaway owns, there was one that you acquired, the Chicago-based company Portillo's (NASDAQ: PTLO) -- hot dogs -- how did you know that this would be a good fit for the overall company's portfolio?"
Buffett was gracious but visibly confused by the question. And that's because Berkshire Hathaway didn't acquire Portillo's and has never invested in the stock -- it's not among the things that Berkshire Hathaway owns.
