Why Warren Buffett Bought A $550 Million Stake In 'Unbelievably Good' Opportunities Domino's And Pool Corp

Benzinga 2024-11-25

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Warren Buffett's Berkshire Hathaway disclosed new investments in Domino’s Pizza and Pool Corp. per SEC filings. Berkshire acquired over 1 million Domino’s shares and over 400,000 shares of Pool Corp., the leading U.S. swimming pool equipment distributor. Both companies' shares gained as investors reacted positively to Buffett's investments. Bill Gates noted Buffett invests only in "unbelievably good" opportunities, known for lasting appeal and steady demand. Buffett values strong brands as protective economic moats, a quality both companies exemplify.

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