Keeping Your Coke Position Bubbly
Many otherwise normal people are hooked on a substance of dubious necessity, yet is consumed and desired on a worldwide basis: Coca-Cola (KO) stock. Among these people is billionaire Warren Buffett -- who is, through Berkshire Hathaway (BRK.A), one of the biggest holders of these shares.
When it comes to Coke, those who had simply bought and held 10 years ago have done well. Almost the entire return from that decade came post-financial crisis, from March 2009 to the present. If you entered the trade at peak valuations, such as in 2004 and 2007, it often would have taken years for the position to get back to even. See the red, double-headed arrows on the chart below for the timing and evidence of these periods....441 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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