20. 11. 2019

KGI Released Open Letter to Warren Buffett

On the 20th of November, Krupa Global Investments sent out an open letter in which reproaches Mr Warren Buffet for not caring about the ordinary shareholders.

In this letter, we summarize the 2 deals where Mr. Buffet did not act appropriate as huge investor with some sort of responsibility to others, but rather cared for his own profits – and that is the case of Berkshire’s investment in Occidental Petroleum and Kraft Heinz.

We also encourage Mr Warren Buffet to take bigger equity stake in Occidental Petroleum in order to ensure investors and also to support Occidental Petroleum’s CEO and its management.

See the open letter here.