The Reason Warren Buffett Owns Coca-Cola

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Warren Buffett was asked why he owns so many shares of Coca-Cola.

Warren Buffett, through his company Berkshire Hathaway, owns a significant stake in Coca-Cola, making it one of his most iconic and long-standing investments. Berkshire Hathaway first began buying shares of Coca-Cola in 1988, when Buffett saw an opportunity during a market downturn. At the time, Coca-Cola’s stock was undervalued, but Buffett recognized the company’s global brand strength, consistent earnings, and wide economic moat.

Berkshire Hathaway currently owns about 9.3% of Coca-Cola, with around 400 million shares, making it one of the largest shareholders in the company. The total investment was around $1.3 billion when Buffett first acquired it, but it has since grown to be worth over $20 billion due to the appreciation of Coca-Cola’s stock price and its steady stream of dividends.

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5 out of 5 Coke investors recommend Coke

johnadamovich
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I stopped drinking Coke when I was 27. Now I'm 63. I'm still sober😂

dariocugia
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I stopped drinking coke when I was 76. I’m 77 now. Still sober

jamesa
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Shows you the true person he is. He doesnt care about people at all and will use people to profit as much as he can.

chadnicholas
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It's a nice way of saying it's addictive

Edit: to anyone saying that's not what he said - congrats, you are the reason entire PR departments exist

MF_JONES
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I love how he says "heavy users". Not "heavy drinkers", "heavy users". He fucking knows what he's saying, it's an addictive substance.

HortonSalm
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Stopped drinking Coke when I was 46. I’m 41 now. Worked like a charm.

jameslukebarber
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I remember as a kid. Buying Coke in a bottle from a Coca-Cola machine. .50 cents.
The tase was amazing.
No added sugars. Cold and
Sizzling to your very last drink. For you youngsters, you missed out on it.

texmex
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Stopped drinking coke years back. Coke is a health hazard

Aesthetic.Physique
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My mom didn't allow sodas growing up. As a result, I'll have one maybe 3 times a year, and I can NEVER finish it. Thanks Mom!! ❤

fmc
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Him using the term "Heavy users" is all you need to know about Coca-Cola.

andreiarca
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Can’t believe that Warren Buffet still is allowed on social media or anywhere on this planet.

perrya
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Investors are the worst advertisers:- coke is liquid death: Dont buy it:

jodyguinness
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"Heavy users" his mask slipped there.

jc-.
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I stoped drinking Coca Cola when I was 6 or 7 by my own decicion (while my entire family and their friends continued to buy and drink it). I am 25 years old now and still sober while my father still drinks it often.
You can do it! You can quit!

BlackPeony
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I sold my real estate stock and bought Coca-Cola. When the economy tanks, people will still drink Coca-Cola.

bathtubs
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I don't think people know the definition of addiction anymore

fourcheeseblend
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Cola absolutely has a taste memory. Drink it enough and it’ll not taste the same as when you started. People drink so much of it because it’s full of sugar and caffeine, not only that but it dehydrates you making you feel thirstier which people quench with… more coke

mimd
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I stopped drinking soda in middle school because something my track coach told me. So grateful this hasn't been a problem since.

Kangel
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It also has no conscience.
My older brother was around 300lbs when he died. Dr told him to stop drinking them about 3yrs ago. We lost him last week.
He thought diet Cokes was better and would help. Nope! He just couldn't give them up.
Sweetest man youd ever meet.
RIP bro.
Stay away from Sodas folks, period!

Rampage