- Chipotle Mexican Grill which lost Brian Niccol as CEO is down pre market and down 20% year to date. Starbucks where Brian has taken the leadership role is down 10% year to date.
- PepsiCo is down 6.44% year to date. The Coca-Cola Company is up 17% year to date. We own some shares directly in Coca Cola from a period where I was trying to copy some of Warren Buffett’s direct investments. There are a lot worse strategies than following Warren Buffett.
U.S. Policy / Economy
“The US must pay off debt before creating a sovereign wealth fund: Trump.” Reuters. This