Buffett ‘disappointed’ in Kraft Heinz merger, stock drops 7%

Warren Buffett, one of the most respected investors in the world, has openly expressed disappointment over the Kraft Heinz merger. This comes as a shock to many because Buffett is usually known for his calm, long-term investment approach. The news hit the stock market hard, with Kraft Heinz shares dropping by 7% almost immediately. We need to look closely at what went wrong and why investors are concerned.