Amazing! But Buffett never invested in Kellogg, he says he doesn’t understand what advantage cereal producers have. In the long run, competition should pressure Kellogg. Kellogg is certainly a big name however compared to Coca-Cola it is not implemented in the minds of people. A good imitation of frosted flakes could wreak havoc to the Kellogg.
Buzzonomics 
Amazing! But Buffett never invested in Kellogg, he says he doesn’t understand what advantage cereal producers have. In the long run, competition should pressure Kellogg. Kellogg is certainly a big name however compared to Coca-Cola it is not implemented in the minds of people. A good imitation of frosted flakes could wreak havoc to the Kellogg.
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