Wrigley (WWY)

Appraisal

Comments

• Wrigley is a topnotch company with a wide and deep economic moat. Unfortunately, it is selling for 2-3 times Estimated Intrinsic Value (as of 4-24-2008).
• 4-29-2008: Mars clearly disagrees with my appraisal. However, Wrigley is worth more to Mars than to me, because I don't own a candy empire.