"The thing is, even as Warren Buffett looks to pass the mantle on to incoming CEO Greg Abel, the Oracle of Omaha is still likely to put forward an aspiring message to young investors looking to follow in his footsteps. I'll be reading his upcoming letter with earnest, and I'd imagine he's going to do what he typically does and talk quite a bit about his picks and why he has chosen to stick with particular companies for so long."
"Coca-Cola (KO) One of my own personal favorites, Coca-Cola ( NYSE:KO) happens to be one of Buffett's most prolific investments. He started building his position in mid-1988, buying around $593 million of stock at a split-adjusted price of $2.60 per share. Now, Berkshire's Coca-Cola position generates well in excess of $1 billion per year of dividend payments, meaning he's more than doubling his initial investment each and every year from a dividend perspective alone."
Warren Buffett is set to release his final letter as CEO of Berkshire Hathaway while preparing to hand leadership to Greg Abel. Buffett is likely to address aspiring young investors and explain why he maintains long-term positions in selected companies. Coca-Cola exemplifies a flagship holding, initiated in mid-1988 with about $593 million invested at a split-adjusted $2.60 per share. Berkshire now receives over $1 billion annually in Coca-Cola dividends, effectively more than doubling the initial investment each year from dividends alone. Buffett favors companies with strong brands, durable competitive advantages, and loyal customer bases for sustained value growth.
Read at 24/7 Wall St.
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