Warren Buffett acquired 400 Million Coca-Cola shares worth $22.3 Billion. That's 6.96% of their entire equity portfolio (4th largest holding). The investor owns 8.97% 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 70% so far.
Some 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.
Coca-Cola hasn''t performed as well as many investors think.
Discover why Warren Buffett found Coca-Cola an attractive stock in 1987 and why it''s still a top holding in the Berkshire Hathaway portfolio.
Long before becoming the “Oracle of Omaha,” six-year-old Warren Buffett was an entrepreneur selling sticks of gum and Coca-Cola to earn money. By the time Bu...