Warren Buffett acquired 400 Million Coca-Cola shares worth $24.6 Billion. That's 7.09% of their entire equity portfolio (4th largest holding). The investor owns 9.69% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998. Since then Warren Buffett bought shares ten more times and sold shares on eight occasions. The stake costed the investor $13.2 Billion, netting the investor a gain of 87% so far.
There’s a lot to be worried about with the stock market right now. Sticky inflation has kicked the timing of interest rate cuts down the road to this fall, t...
InvestorPlace, 9 days agoWarren Buffett loves Coca-Cola stock. But why?
The Motley Fool, 6 months agoConcerns about a potential stock market crash on the horizon are driving valuations lower in the equity markets. Investors are now pricing in higher for long...
InvestorPlace, 7 months agoSome of the best performers have been owned by Buffett for decades, like Coca-Cola, while others are new additions to the portfolio, like T-Mobile.
Business Insider Markets, over 1 year ago