Warren Buffett On Why He'll Never Sell a Share of Coke Stock
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- čas přidán 9. 06. 2024
- "The Oracle of Omaha" and Coca-Cola board member, Warren Buffett sits down with Coke CEO Muhtar Kent to share his history, affection and enthusiasm for the company, KO stock and explains why he'll never sell a share. Read the article here: CokeURL.com/2wkj
Definitely no bias from a man that owns most of CocaCola, sponsored by CocaCola, and published by CocaCola...
are you trying to suggest there is a conflict of interest? preposterous!
Not only that but he drinks 5 cokes a day....
Luka Henigman exactly
still coca cola is super strong company. look at their earnings and dividend payout. most of the world drink it.
him being supportive of it doesnt mean its weak and he is trying to make it famous. Coca cola is huge. bigger than Apple and Microsoft
The Mountain I agree with you, CocaCola is a strong company. But people should be aware of other people's bias and self interest. Sugary drinks consumption has shrunk significantly and will continue to, but CocaCola is fairly well diversified.
Individuals need to be able to think for themselves, most people [only] try to mirror other people. And as history shows, these people will [eventually] end up broken.
2:02 - Yoda laugh..
Simon Renfors loool
Lol true
HAHA HAHA HAHA WHAT LOL
Was literally about to write this in comment lol
same here haha
most people can only hope to be half as coherent and sane at 90 as this guy.
Have you not seen? Wallet Buffet.
The yoda of investing
and you spell his last name wrong..
Taught him alot I have.
2:02
lol perfect description of the oracle
Investing with him and insider Jews at Wall Street is no gamble.
They own 400 million shares of Coca Cola. The last quarterly dividend payment was $.46 per share. So every quarter they’re earning $184 million dollars in dividend payments. That’s amazing.
“No business has ever failed with happy customers… and you’re selling happiness.”
dr FeelGood 🤔
Coke is not forcing anyone to drink their beverages. If people are stupid enough to do that, its their fault. He is just making money on someone's fault. Simple.
i have not seen people suffer after drinking coke..they have suffered from eating too much of rice though lol
Duchy of Mecklenburg-Schwerin hard to live when you die at 50 from diabetes. It's really not hard to eat healthy. Water is great, you should try it.
@@mangshu21 it's a cumulative effect, dumdum. no one's saying you drink coke and keel over dead.
“The world does not belong to the pessimist” I love that.
Such a sweet humble man.With all his billions he lives a very simple life.
So he should give a share to poorer countries so they can live a simple life too.
@@really_raheelly5016 he donated 46 billion dollars to various charities . He can do what he want he want with his money , if didnt donate , nobody cant blame him for that.
@@maheshraveendra1995 👍 true
@@maheshraveendra1995 he didn't he's money on charities to avoid tax.hahah
@@maheshraveendra1995 their charities are not really charities, just redirecting his wealth through other channels to avoid tax and other hassles lol.
" I study failure " .......said the most successful businessman in the world ~ Warren Buffet.
It's the first stepping stone to success.
I use Coke to clean public Barbeque's before cooking on them, its a great corrosive.
I cant think of any other corrosives sold to be drank. Tyvm.
And phosphoric acid is used in coke.
bebo3ful Yes it is sweetheart.
bebo3ful doesn't burn through us so who cares :P
Orange juice is corrosive?
everytime Warren Buffet speaks, everyone is just so focused and attentive to what he's saying as if he was gonna spit out the secret to become billionaire at any second
Secret is revealed by himself yet nobody follows
And he does just that. When you think about it, it is as easy as following his example: it requires the right frame of mind, the right attitude, fist of all, with time, patience and discipline added to the mix.
seeling softdrinks----no inventory no receivable , the best business i had.
selling*
Md kabir working for coke was hell
Young Travels Working for coke is different than selling soft drinks.
he never sold a share because he never had to .💰💰💵
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@@fred_williams ROCHELLE DUNGCA-SCHREIBER assaulted me and threw a glass of coca cola in my face. All I wanted was mutual funds and she insisted on selling me equities.
You lost me at gold, gold at it's best is luxury (a want you might say) and worst it is a complete fraud and udder scam.
I think that Buffett also has a barber on budget.
Haha true
why would he pay more for such a commodity?
I appreciate that he is so patriotic.
He seems to love his country
How is this patriotic? Coca Cola makes billions of plastic bottles which are routinely discarded and end up in the ocean and landfills. Plastics are a huge part of the petrochemical industry and contribute directly to climate change
.
What's not to love, “The world does not belong to the pessimist”
The stock price of COKE the month this video was posted (July 2013) was ~$60. Today, April 2017, the stock price is ~$200. But was even up to $220 in October 2015. I wonder how many people watched this and bought coke stock in 2013.
Well it’s been sitting at 45-55 for years so idgaf about that mysterious $200
cheston it split, dumbass
@@TheDeathvice187 haha true
Nice seeing you here forest!
It split tho
KO has been in my family's portfolio since 1935.
Timothy Seavey rich family
an account dude stock investment back in 1935 wasnt for common folks.
"family's portfolio" damn it sound good 😳
@@vacciniumaugustifolium1420 b
Great stock
I love this man so humble and down to earth
Too bad we can't bottle his moxie. Lol
I wonder how much the dividends he gets from Coca Cola are
Right now? About a $1.40 per share or 3.4%.
and his yield on cost is well over 100%
Bo McGillacutty thank you
starwreck9 thanks guys !
Would you recommend me buying 100 coke shares? $41.54 per share ? 3.37% Dividend Yield so I will make 3.37% of $4154 = $139.98 ANNUALLY ? Which shares to invest with good consistent track record.
"...selling happiness..." That is it right there for me. When I make others happy I am happier.
“I do believe in looking at history and I like to study failure.” Warren Buffett
Wait wait he collected Bottle caps ? Is he secretly Mr Tenpenny from Fallout 3?!
MK Plug The reason he collected them was to see what product had the biggest demand in his neighborhood
that's amazing that he was able to think that way at age 7, incredible.
It sounds so easy. But there is much more behind...
coke, lmao, = chemicals and corn syrup. *REAL-CANE SUGAR DRINKS, ONLY* BRAND $ELL$ TO CARELESS, THO, COKE SUCKS,
BRAND = MARKETING 101 = ECON 101 = SUSTAINABLE TREND+/-
THRU PROPAGANDA LIE PRODUCTS,TO, GENUINE EXCELLENT PRODUCTS.
It's like legal crack. People are hooked and they won't stop buying it. Why wouldn't you bet your money on it...
Tim Schaefer All of yall shut the fuck up. Idiots. Its a drink. No one cares about high fructose CORN syrup
+cody phillips hahahahahahaha
4491541391📱☺
My great grandmother handed down stock, the total shares we own are 1.4 million. Her and my Great Grandfather got it way back in the day.
One day, my Great Grandmother had a stroke, and being 95 years old, we knew she wasn't going to fully recover. So her treatment per week was around 4500$ for the best care hospice. the Coca Cola stock revenue per week was much more than the hospice care, so for 2 full years, the coca cola stock paid for my great grandmothers care. She passed away at 97.
Well my grandmother and grandfather are very..VERY wealthy right now. Lets just hope it stays in the family ;)
Pauly Walnuts wish my family was as fortunate as yours.
of all the richest man....
i like warren the most..!!
he is something different...
people do the businesses but he makes all the money lol! :P
that's what you are supposed to do
Karan Soam to me, it can only be elon musk. Because at the end of the day, all other investors just stack money for themselves. He manages to save the world by working on his projects and letting others take care of the financial Part. His work basically is what creates the cash
don't like any businessmen
The investor is just as important. They are some of the hardest workers. Even more then CEO's. I think people would be surprised what goes on behind the scenes with investors.
Karan Soam I
I just realize that I’m drinking Coca Cola while watching this video 😂
Warren: drinking Coke is more important than flying with the airlines.
Respuetas
Airline business has become fraught with uncertainty and that is not just down to the pandemic either.
Warren Buffett is a good man, I don't care what anyone says.
He doesn't and never had control of PetroChina. So you can't blame anything they did on him.
Well the Chinese government owns about 88% of PetroChina, so maybe you should look to them first before blaming the other small stakeholders
Trans-Atlantic Slave Descendant so if I buy $2 million worth of shares of Microsoft then bill gates deicides to shoot up a mall did I support him?🤔
David did u know he was going to do so dumbass? You said if he then decided to do so, you supported him unintentionally making u innocent
I don't care that you don't care
The future belongs to those who believe in their dreams. Success is a State of mind. Think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mr Martinez Amend.
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial markets I'm grateful to Mr Martinez Amend 🙏
Hit $200k today. Thanks you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in October 2023
Most rich people stay rich by spending like poor and investing without season, and most poor people spending like rich yet not investing like the rich, but impressing them.
@@AbbyWambach2344You're absolutely right, and that's a beautiful mindset you've got there I never thought of it this way before.
The idea of the whole trade market is something I still can't wrap my head around.
Damn Warren!! the pink hair is beautiful
Leeanna Richards, like donald trump's yellow hair? 😂😂😂
i dont get it. Are you making fun of blond hair? i dont understand the level of pure comedic genius that you possess.
Jared His hair has a touch of pink. What is there to not understand?
Leeanna Richards it's just the lighting
Its the light shining on his hair
A refreshing Coca Cola welcome reminds me of, I've McFallen...
He’s in his 90s, yet has a quicker mind than most of the 30 year olds I know.
Including me !Damn him!!
he is one happy man :D
@dr FeelGood don't drink if you don't want to
i like wonderful brands, u gotta take care of it , its forever. those kind of business i like.
I heard a polite threat, a warning in that line, before a forum of people who control the brand. "Do not ruin this brand somehow..." And later, goes on to warn about complacency. If you are lucky enough to receive advice from this guy, you had better listen.
I'm looking forward to them putting the coca back in
Everyone is acting like hes some bad guy for speaking at a company he has mass interest in, has everyone forgotten how much philanthropy this guy has been a part of or how much money hes pledged?...
Donating to the Bill and Melinda Gates foundation isn’t an act of charity, it’s an act of evil.
@@rahimhassam7912
I do not agree with the Gates foundation but calling it evil is just a lack of imagination. Most people are blaming the problems of the world on the wrong issues.
Sure sir, I’ll never sell my Coca Cola stocks and hope the stock value will go up
Mam, how much did it cost ?
Strong brand and strong investors behind the company.
The only person in the world who knows more about the company, than the people in the company.
cococola-1.8b can every day, fewer share outstanding now, way more per capital and you are gaining shares now.-- i like this kind of business.
Do you think its a good time to buy Coke shares, would you recommend me buying 100 coke shares? $41.54 per share ? 3.37% Dividend Yield so I will make 3.37% of $4154 = $139.98 ANNUALLY ?
Our emotions are not easy to deal with. Did you buy 5 years ago when the banking crisis was going on? I bought a few stocks but I was scared. I should have bought more...
Coca-Cola is the key to Warren Buffett’s longevity
No doubt about that.
@@eduardomaciel9855 No doubts
I remember drinking coca cola back in the 80s
Invested in insulin companies right after for diabetes care 😂 Genius
Sugar doesn't cause diabetes.
Brickcellent being overweight does and sugar makes people overweight.
@brickcellent
Neither does high cholesterol,
being overweight,
or high blood pressure cause diabetes... HOWEVER, your point sucks because all these things are HIGHLY associated (sugar being a key ingredient) with type 2 diabetes. But saying they "cause" diabetes technically isn't true for any of these things.
Brickcellent maybe you are no so smart.
There are lots of skinny Asian diabetics
I just bought coke stock a month ago. Excited to be part of the company
Keep and hold for years. It grows like clockwork as the company does not do stupid stuff.
@@bighands69 Actually revenues have been decreasing for the past decade. Earnings basically flat over the same period.
2:01
That evil laugh gets me every time
Yoda laugh not evil ;)
Hey guys I’m considering to buy stocks in the future but I have a question. When opening a brokerage account to buy shares should I open an account under my name or my company’s name and buy with my company’s money.
Reason why is because some people buy stocks with their company money and some buy with their own money. I want to know which is best and the reason why. Is it company tax advantages, it is so companies make more etc.
Can someone please explain?
his stories are always interesting and rarely repeated.. how??
It is actually really that easy and that is the problem, it is not supposed to be this easy, people want to justify their MBAs, Master degrees, PhDs, etc.... so they invent stuff we don't really need. The most complicated thing to do in life is to keep things simple, once you learn how to do that, how to keep it simple, you can far in life, and not just in investing.
what causes business to fail- complacency. restlessness- tomorrow is exciting, better than today.
No making a profit and being in debt to the limits of the business does not help either.
I feel very happy and proud to be an Honest and Dedicated Indian
Right. Great advice from Mr. Buffet. Always bet on sure things. The Coca-Cola company is a great company that resonates with many people.
The reason he'd never sell a share is because of two words - capital gains. Berkshire would owe roughly 35% on the 8 billion dollars that the stock has appreciated since they acquired it those years ago. So rather than do that they string out the investment forever and hence never have to pay a dime in capital gains tax.
number 1. dividends number 2. coke stock keeps going up 3. he aint worried about capital gains tax because of number 1 and 2 firstly and idont think it is 35% tax its like 15% after a period of time, regardless number 1 and 2 is main reason plus its fucking coca cola wtf
He owns 400 million shares and Coke paid $1.22 per share in 2014. Would you sell it?
John Smith Lol, you are completely misinformed. 1) it is not 35%, do your research. 2) capital gains isn't the reason why. The reason is because Coca-Cola is a valuable brand. It is consumed globally and has not stopped losing market share. value investors are LONG TERM investors. Meaning, they keep and watch it grow. What does stringing out an investment forever do for a company? At a time, it will have to sell. Do your research before posting garbage.
Do you recommend buying Coke Shares? $41.5 PER coca cola SHARE AND 3.37% DIV Yield so you make 3.37 % of $41.5 annually? How many shares to make considerable amount of money ???????
Should I buy 100 shares of Coke? cost for that is $4150
"We always have problems "
Covid-19
His one of the best investors of his time.
How do I buy and stock shares in NYSE?.
baileyjoshA13 open an E*TRADE account
When you have the capital that he does you can live on a 3.5% or so dividend.
So could most people if they reinvest their dividends.
You would be surprised how little it would take.
$30,000 investment over 40 years reinvesting a 3% dividend with 7% growth each year (a normal regular growth) and after 40 years with no other money added, you would be worth about 1.9 million dollars. 3% dividend of that and boom you are making $40,000 a year. (More than enough to live off of, especially if you have paid off your house).
I'm not saying everybody has $30k to start (I sure didnt), but that is just an example. That is also not adding another dollar of your own money and being consistent with never taking the money out. Most people don't have the patience.
Start with what you can invest, be smart about it, consistent and be patient, before long you would have millions in the stock market (with smart conservative investments) and you could easily have more than $40,000 a year in dividends at 3%.
@@CodyCannon11 that's one approach. I'd prefer the approach of higher yields like REITs and BDCs. You'd be sacrificing some of that growth you mentioned, as these companies are legally obligated to pay out most of their profits.
@@LogicalArtist I'm seriously considering some REITs myself.
In a couple of years of savings though I also wish to purchase some rental properties of my own, another avenue for real estate that can also create huge income overtime, but, that had it's own bad of risks.
I would love to hear how your investments improve in the coming years. Keep your head high during these times, I hope you and your family are safe and are able to maintain a stable income. Times are tough for many, my family is blessed right now, and I hope yours is as well, my friend.
@@CodyCannon11 same to you my friend. Buffett is mostly keeping his cash in treasury bonds currently, can't disagree with him there. If I recall correctly Berkshire Hathaway doesn't own REITs, but he has them in his personal portfolio. Due to the tax treatment it is wiser for individuals to own REITs than corporations.
@@LogicalArtist Roger that, thanks bud.
A nice man that buffet. Killing everyone with the 30grams of sugar in a can
Is it about both COKE and KO?
I feel he looked at the numbers and they may have been treading on the off side in a way but ended up going for it since cokes how it all started
Warren used to sell cocaine back in the day that’s crazy 😜
"There aren't any like Coca Cola"
Dr. Pepper disagrees
Paulie Gualtieri Dr Pepper is woeful
Dr Pepper is an independent company. Coca cola paid Dr pepper a few billion to distribute its products though.
Hey Pauline walnuts why do you do that hek hek laugh? What's up with that?
Paulie Gualtieri coke owns Dr Pepper also along with sprite and most drinks
Dr. Pepper Snapple Group is it's own company. Stock DPS
Love him. Simple honest guy
Saludos desde Caracas, Venezuela
I want to meet WB and talk money and life and how it can affect your life and where to start
😮
Start with a monthly Vanguard S&P500 ETF Investment, thank me later :)
Rustam Gasanaliev I think you are giving out not good facts some people can’t do that and let me ask you do you have currant investments.
Keelan Rice do it or don‘t, it‘s not my Business..
if only cocacola wasnt a slow poison , a brand with such amount of users could bring some good to the world .
He just has a great business mind thats all.He was born with it.Millions of people could try this and never be as successful as him.
2:02 - So so so funny! Love it!
Dear Bears,
"The world does not belong to pessimists believe me"
Love,
Warren.
I can't help to wonder if warren drinks that stuff or would give his grandchildren a lifetime supply of it
He drinks Cherry Coke everyday
His like ability just teleports through the screen
I gained my weights too much after buying a set of two 2L coke at Seven eleven and taking those within one day. But now I lost my weights a lot with stopping sipping too much addictive coke.
People blaming Coca Cola for obesity... blame yourself for drinking it. You do realize you have a choice to drink it.
BOOHOO COKE IS VICTIMIZING ME ITS NOT MY FAULT I DONT HAVE THE WILLPOWER TO TAKE CARE OF MY OWN HEALTH.
And props to Buffet. 87 years old and still giving talks. I guess he made sure never to drink coke too much and get obese
How much money does one have to make before they walk away from a business or investment?
what they feel comfortable with
Driver Chadrick .. you. you are good..!
How old do your kids or friends have to get before you walk away from them? When you believe in a business you stick with them your wholelife
they pay dividends while he manitain his investment
so why walk away?
he enjoys it
I guess different strokes for different folks.
@ 5:50 What does he say, “rushed on your” what?
What does he mean by 6 to 1.
So in 2017, at $42 a share, is Coke still a good investment?? I hear horrible things about soda over n over ...
@Jan Norris, at 25 P/E Ratio it is a bit too expensive compared to its value. There is also the factor that coke has become too large. Less than 10 years ago the fall of Lehman Brothers (167 year old company) showed the world that a great company with a great brand still faces mortality like the rest of us. For Buffett, yes, its a good investment since he got in so early, for the young adults who still have a minimum of 50 years in front of him, my opinion is no.
I think the question you really want to know is how to determine a businesses intrinsic value.
Published on 23 Jul 2013.
More like 171/ share.
20 P/E And under is good cost to vale ?
Everything in moderation is OK (except maybe heroin) - and Coke is the best soda in the world hands down!
Keith Richards said he survived years of drug addiction for two reasons: 1) high quality drugs, 2)he knew when he had enough i.e., moderation.
Melinda Russell Big difference between ok and healthy. One can of pop is far more than enough sugar for one person, nevermind that people generally drink far more than that daily or that all of this sugar is only one part of their sugar consumption across their entire diet.
Melinda Russell sierra mist and Canadian dry disagree.
Melinda Russell Coke Zero
+Kyler Gilbert Aspartame is poisoning....a zero contains it. plus he may be a freemason which always helps.
such a practical genius
Warren Buffet is allway's inspire me
I bought coke stock cus of Warren buffet and I'ma hold it til retirement
I noticed he doesn't drink his profits 😂 funny how he never mentioned if he drinks it at all.
he has mentioned many times that he drinks cococola every morning and he likes to eat junk food
Good very simple
The Grandpa on Right looks like character from the animation movie "Up "
Complacent company: Apple
You should rethink that statement now
He would never sell a share and I would never buy a can/bottle. We are good!
Warren is such a lovable dude. Unlike the overwhelming majority of his "peers" (as if he has any), Buffet has maintained humility throughout his rise. So classy! That said, I'm pretty sure div. yield and capital gains tax play just a *bit* bigger role in the decision to hold KO forever than the quality of the product! lol
Interesting video!
slavery was the huge factor "200" years ago you tried so hard to not say
Nigga
Smart Money Always In First And Ignorant Money In Second FYI That is the Key Folks
how does he clap and shake hands at the same time
This looks like a scene from a bond movie.
Give this comment a thumbs up if you own stock in coke
I think a small part of my soul died for every second I watched this, like peeking into the darkside....
America is the greatest country in the world. Heaven absolute heaven
Verry good Job
I could never work for a company that contributes to childhood and adult obesity as much as Coca-Cola does. I really don't even know of a single thing they do that is positive for humanity.
TDTHR3E This is a comment worth typing in.
Money... money is what the rich people see in us.
They give people products that they want at an affordable price. Obesity isnt the beverage's fault, its the person's fault, people do not know control. I personally do not like soda at all either though , but if people buy it then that is their prerogative.
PonziPlays Very true. I appreciate your perspective!
I appreciate your appreciation!
TDTHR3E taste good.
I just saw YODA laughing 2:01
Devawrat Vidhate 😂😂😂 I thought exactly the same thing
2020 vison this year
I used leftover coke, alternative to tire black