See's Candies

2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 30, 2023 by Charlie Munger · said 9 times in 2 episodes since 2023 · across every show →

Mentions by year

brought up most by David Rosenthal (6), Ben Gilbert (1)

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2024 6 mentions in 1 episode
2023 3 mentions in 1 episode

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Everything said about See's Candies, oldest first

Oct 30, 2023 neutral
Disclosure
Munger says Berkshire never paid a finder's fee since acquiring See's
“We paid that guy a finder's fee even. We've never paid one since.”
Charlie Munger Oct 30, 2023 ▶ 35:51 Charlie Munger (Audio) · Acquired
Oct 30, 2023 bullish
Assertion Partly supported
Berkshire raised See's Candies prices 10% annually for roughly 40 years
“We found out fairly quickly that we could raise the price every year by 10% and nobody cared. We didn't make the volumes go up or anything like that, just made the profits go up. So we've been raising the price by 10% a year for all these 40 years or so, and i…”
Charlie Munger Oct 30, 2023 ▶ 34:02 Charlie Munger (Audio) · Acquired
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