That's a great quote. Will have to check if it's real, as there's many "Buffet quotes".
But in this case I don't think there's an idiot running the business.
He's ran FMCG companies since he could walk.
The company has been making sound acquisitions consistent with their brand and upgrading plant and production lines whilst maximising output and minimising costs.
The recent sell down could have been a leaky ship as there's no other news that could trigger the dramatic fall.
If a CR is required and those in the know wanted more for less, then let's see what they might be buying.
