See's Candy (BRK.B)
Remember what we said about investing in what you love? Forty years ago, Warren Buffett was so taken with See's candies and chocolates that he bought the company and folded it into Berkshire Hathaway.
That Berkshire Hathaway was a textile company for the majority of its existence leading up to that purchase was of no consequence. Buffett was building a multinational conglomerate that would have nothing to do with textiles a mere 13 years later. See's, meanwhile, still sells assorted chocolates, but it cranks things up during Halloween and offers orange chocolate wafers, pumpkin spice lollipops, orange twist candies and chocolate marshmallow jack-o'-lanterns.The stock? Oh yeah, it's doing just fine at more than $90 a share and has jumped 24% in the past year. -- Written by Jason Notte in Boston. >To contact the writer of this article, click here: Jason Notte. >To follow the writer on Twitter, go to http://twitter.com/notteham. >To submit a news tip, send an email to: firstname.lastname@example.org.
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