Gillette (Procter & Gamble)

Buffett: Stocks are 'ridiculously cheap' if rates don't move | May 6, 2019

“The same thing happened to Gillette, to a degree. It's interesting.”

Afternoon Session - 2007 Meeting

“At Gillette, literally, we had 10 deals in a row that never met, came close to meeting the case that was presented at the time they were presented to the board.”

Wesco Financial Annual Letter 2006

“exchange of Wesco's common shares in The Gillette Company for common shares in The Procter & Gamble Company in connection with the merger of Gillette”

Wesco Financial Annual Letter 2005

“tax-free exchange of common shares of The Gillette Company ("Gillette") owned by Wesco, for common shares of The Procter & Gamble Company ("P&G") in the fourth quarter of 2005 in connection with the m”

Poor Charlie's Almanack

“Berkshire's practice of participating in foreign economies through the likes of Coca-Cola and Gillette.”

What sparked Buffett's interest in investing?

“I've read the reports of Coca-Cola and Gillette and all kinds of companies long before we invested in them”

Morning Session - 2005 Meeting

“I've read the reports of Coca-Cola and Gillette and all kinds of companies long before we invested in them”

How Buffett decides it's a time to sell a stock

“held Gillette stock since 1989”

Morning Session - 2002 Meeting

“We've held Gillette stock since 1989”

Wesco 2001 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)

“it's not as much fun as it was buying Coke and Gillette at much lower prices relative to their valuations.”

Afternoon Session - 2001 Meeting

“What gives you confidence that the same things won't happen to Coke or Gillette?”

Afternoon Session - 2001 Meeting

“faster than Coke or Gillette would, and that the replacement value of the stock”

Morning Session - 2000 Meeting

“we didn't do so well with Coke in Gillette ourselves, so that the ratio of mistakes was probably fairly equal”

Morning Session - 2000 Meeting

“companies such as Coca-Cola and Gillette might well be labeled the inevitable's. And you just reaffirmed your view of”

Warren Buffett | Nightline Interview | 1999

“Warren Buffett holds what is whimsically referred to as a major position in a lot of companies. Coca-Cola, Gillette, Geico”

Investment Practices of Leading Charitable Foundations (1998)

“Berkshire's practice of participating in foreign economies through the likes of Coca-Cola and Gillette.”

Afternoon Session - 1998 Meeting

“a Coke will grow faster outside of the United States than in the United States, and the same is true of Gillette”

Why Buffett doesn't invest in Intel and Microsoft

“I am about being sure that Gillette and Coca-Cola businesses are fantastic.”

Afternoon Session - 1997 Meeting

“in companies like Coca-Cola or Gillette or Disney or those kind of businesses, you will see the information”

Morning Session - 1997 Meeting

“I had talked about Coke and Gillette as being the inevitable and what wonderful businesses they were.”

Afternoon Session - 1997 Meeting

“Gillette is the shaving company to be in, or Disney is the entertainment company”

"Berkshire is not a one-man show"

“are the people going to stop using Gillette razor blades?”

Afternoon Session - 1996 Meeting

“We are indirectly in all of these emerging markets through Coca-Cola and Gillette... Gillette, I think they're about 70% or so... We love the international aspects”

1995 Berkshire Hathaway Shareholder Letter

“48,000,000 The Gillette Company ................. 600.0 2,502.0”

Afternoon Session - 1995 Meeting

“when we own Coca-Cola and Gillette, we are a part of the global environment”

Afternoon Session - 1994 Meeting

“whether it's from Guinness, whether it's from Coke, whether it's from Gillette, are denominated in some mixture of marks and pounds and yen”

Afternoon Session - 1994 Meeting

“justify such a dramatic discount to the growth prospects of Coca-Cola or Gillette in terms of our ability as Berkshire shareholders to clip those coupons”

Morning Session - 1994 Meeting

“You mentioned Wrigley as being a company that has worldwide dominance, somewhat like Coca-Cola and Gillette.”

1991 Berkshire Hathaway Shareholder Letter

“a dramatic rise in the price-earnings ratios of Coca-Cola and Gillette. These two stocks accounted for nearly $1.6 billion of our $2.1 billion growth”

1991 Berkshire Hathaway Shareholder Letter

“Guinness, however, earns its money in much the same fashion as Coca-Cola and Gillette, U.S.-based companies that garner most of their profits from international operations.”