Warren Buffett On Why He'll Never Sell a Share of Coke Stock
2024 ж. 22 Мам.
1 956 494 Рет қаралды
"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
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.
most people can only hope to be half as coherent and sane at 90 as this guy.
Have you not seen? Wallet Buffet.
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
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.
Verry good Job
2020 vison this year
" I study failure " .......said the most successful businessman in the world ~ Warren Buffet.
It's the first stepping stone to success.
"...selling happiness..." That is it right there for me. When I make others happy I am happier.
The only person in the world who knows more about the company, than the people in the company.
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”
I'm looking forward to them putting the coca back in
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.
Love you so much ❣️
Super
I love this man so humble and down to earth
Too bad we can't bottle his moxie. Lol
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.
Love you
Good very simple
I remember drinking coca cola back in the 80s
he is one happy man :D
@dr FeelGood don't drink if you don't want to
Interesting video!
Saludos desde Caracas, Venezuela
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.
U r a very good person
such a practical genius
A refreshing Coca Cola welcome reminds me of, I've McFallen...
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
Love him. Simple honest guy
good interview ……..
that's amazing that he was able to think that way at age 7, incredible.
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.
This looks like a scene from a bond movie.
Da man
“I do believe in looking at history and I like to study failure.” Warren Buffett
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.
wow
Chill Pill Guy
I think that Buffett also has a barber on budget.
Haha true
why would he pay more for such a commodity?
Coca-Cola is the key to Warren Buffett’s longevity
No doubt about that.
@@eduardomaciel9855 No doubts
Like your tie warren
Warren Buffet is allway's inspire me
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.
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 ?
Right. Great advice from Mr. Buffet. Always bet on sure things. The Coca-Cola company is a great company that resonates with many people.
his stories are always interesting and rarely repeated.. how??
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.
"We always have problems " Covid-19
I love Coke
Warren Buffett is very great man
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?
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
His one of the best investors of his time.
Naim shah
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📱☺
He’s in his 90s, yet has a quicker mind than most of the 30 year olds I know.
Including me !Damn him!!
America is the greatest country in the world. Heaven absolute heaven
he owns Sees Candy
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 = $139.98 ANNUALLY ? Which shares to invest with good consistent track record.
My great grandmother handed down stock, the total shares we own are 1.4 million. Her and my Great Grandfather got it way back in the day. One day, my Great Grandmother had a stroke, and being 95 years old, we knew she wasn't going to fully recover. So her treatment per week was around 4500$ 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.
Some kid from the baseball team his dad was a flavor something at Coca cola or Minute Maid....
I used leftover coke, alternative to tire black
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.
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.
100% right as usual
amazing... just loved it... #vipulthewonderful
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
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
BUENA..TARDE.
That's how I suggest Advertising business to Google & KZhead get the annual advertising contracts from large multinational companies...sky is the limit for number of companies......each company is spending millions on their advertising Budgets......Thanks...RGS
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 😂
Very simple. Find a business and hold it forever.
A coke is a coke!
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
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
No Coca-Cola per Ronaldo
#Energy
A nice man that buffet. Killing everyone with the 30grams of sugar in a can
Warren used to sell cocaine back in the day that’s crazy 😜
I feel very happy and proud to be an Honest and Dedicated Indian
His like ability just teleports through the screen
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
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.
The Grandpa on Right looks like character from the animation movie "Up "
Who's here after Ronaldo?
Smart Money Always In First And Ignorant Money In Second FYI That is the Key Folks
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 need to learn how to buy stocks
That’s why it’s important you freeze it
Give this comment a thumbs up if you own stock in coke
2:01 That evil laugh gets me every time
Yoda laugh not evil ;)
Never said never
🖤♥️
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...
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.
Christiano ronaldo : hold my water
😂😂😂😂😂 TOUCHE
It’s an absolute no-brainer!