This Was Coca Cola's Dumbest Deal Ever: Warren Buffett | CNBC
ฝัง
- เผยแพร่เมื่อ 28 ก.พ. 2016
- Warren Buffett, Berkshire Hathaway CEO, weighs in on Coca Cola's attempt to align itself with the bottlers, James Quincey and whether the company would be sold to 3G. Also Buffett answers questions from viewers on American Express and Bank of America.
For more of Warren Buffett's wit and wisdom visit Buffett.CNBC.com
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Find CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Google+: cnb.cx/PlusCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
This Was Coca Cola's Dumbest Deal Ever: Warren Buffett | CNBC
Stocks mentioned in the interview in 2/26/2016
KO 43.14
AXP 55.38
WFC 48.07
IBM 132.03
Same Stocks as of 7/23/2017
KO 45.03 (+4.3%)
AXP 85.59 (+54.55%)
WFC 54.17 (+12.68%)
IBM 147.08 (+11.39%)
A year and a half is relatively short in Buffett years but this just shows most investors live in the current and worry about the minor bumps and dips in the economy while Buffett lives 20 year chunks at a time. If you're invested in a wonderful company over time it will prove its value.
On top of those prices, those stocks have been paying dividends the whole time period between 2016 and 2017 so adding that income to the capital gain would more truly reflect the gains that would have been had from those two dates.
6/25/2019
KO 51.92 (+20.35%)
AXP 124.15 (+124.18%)
WFC 46.27 (-3.74%)(Mentioned in the interview as the strongest of the these 4 stocks)
IBM 139.35 (+5.54%)
Man I remember seeing ko between 45 and 50 and thought ko was overpriced now it’s trading for 60$ great company never goes on sale lol
This guy is gonna be rich one day.
Newbport Has a bright future he's going places
He is literally a multi millionare lol. He owns a company called berkshire hatahway that is huge, u must be dense huh?
@@LyraYT You're dense. It's called a joke.
I could listen to him talk all day.
Agreed, warren spits wisdom
I cant tell a difference between his voice and Charlie Munger's.
"Yield On Cost" is Warren Buffett's magic! Buffett's cost adjusted is below $3.50 per share, and KO has an annula net profit margin > 17%. Google the book called "1988 Valuation of Coca-Cola."
👌
Those companies were pointing down. Coke is a cultural thing and a lot of people a want healthier lifestyle. A Coke and smoke Camel or Philip Morris is a sorta outdated culture. Sweet drinks or with chemical sweetener isn't the best food.
Thats why I like Pepsico a tad better. Health brands like Tropicana, Naked, Quaker oatmeal, aquafina water, and so on. Coke has also acquired brands with less negative connotations, just not as well as pepsico has as a percentage of revenue.
She's so cute and intelligent.
They also have more competitors that do soda as well. Their for the market share it is not easy to be the numbers it they are not find way to do better. They could end up lost revenue.
he's done a fabulous job" (in regards to John Stumph CEO of Wells Fargo) Really ?
amex is 105$ on 23 aug 2018
You make a deal, and it is a deal. You live with the consequences. At the time they needed it so badly or the product would fail...now it is a success due in part by the deal, and you want to change the deal? No. the deal is a deal. You conniving people. Just like Buffet to believe deals are negotiable after the deal is done...Watch out signing with this guy. Example NV Solar net metering....
AMEX up 90% since.. wow
Becky in her late prime😍
Wonder if he still feels the same about Wells Fargo today
Im more of a JPM person myself
This was absolutely a horrible move by Coke to get out of bottling. The Florida operation is a nightmare. Look at the Indeed reviews. 👎
He didn’t know Wells Fargo was working illegally ?
1993- COCA COLA ACQUIRED MAAZA - CHEAP -40₹ LITRE ACQUIRED CHEAP -50₹ LITRE -30₹ KG SUGAR AVAILABLE IN BOTH
If they want to do better, maybe give us more options at restaurant why machines don't have the coca cola zero and coca cola life options are always not available to us. Life is only available in cans, we like both plastic and even glass bottles. Bring back the glass bottles to the US. Just give people options for our drinks. Also put -50% of the sugar you put in the regular coca cola.
WARREN BUFFET WE STOP JOKING. GET SERIOUS MAN.
Invest in the cola companies. Must know about the spend for operation and the return must have profits. And the back up investors because they do make profits frequent among themselves. If these condition did not meet you need to stay out. Because Soda products it is the dangerous health to the consumers
And the lawsuit.
Beautiful❤
You should fire Ken, this is poorly placed faith, Ken's the worst CEO the company has ever seen. Warren is great, but the misplaced faith, the section in the end when he praises Wells Fargo's CEO just before the scandal.
SInce 2014 Wells Fargo overstated their net income... just sayin'
No nursing home for buffet he's so sharp probably a genius like bill gates
Obvious
Andrew Coursaris TO DO WHAT THIS MAN HAS DONE OVER THE YEARS HE HAS TO BE A GENIUS
🌳🚀Nature and Technology Together
2300₹ LITRE -5 HOUR ENERGY DRINK 🔋☕ EXPENSIVE -900₹ LITRE WINE LVMH
Therefore.
Depend on the victims size. If the doctor tell them certain food and certain drink must reject. The patients must comply. The cardiovascular patients.
Becky is so icy smokin fine
Let's go Warren
Yeye
Does that host always look tired and sleepy?
Coca Cola is a great company I'm buying and holding for lofe
+Game Changing TV (GameChangingTV) Probably not worth buying anymore. Sure it has a large dividend but price movement is small. There are better places to place your capital.
+Game Changing TV (GameChangingTV) Don't, people are drinking less of this crap. They are scrambling for growth.
Panthers1521 not drinking less, just not growing as fast as previously.
CyanideShock Lack of growth is just a way of saying less people are buying coke.
Panthers1521 Not true, they sell 1.9 billion 6 ounce servings? a day i believe. Up from 1.8 a year ago. They are growing, just not at the pace they were a decade ago.
:)
Interesting to listen to Buffett after a few years…quite some BS amidst all of the wisdom 😏
Buffet is a dinosaur. He needs to get with the times. Sugary soft drinks arent the thing anymore
KO is still rising and making me more and more money.
how is the stock doing buddy?
i dont know if hes old but he looks like he should go see a doctor