Warren Buffett on why Coke is so goodPosted: July 2, 2018
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(h/t Naval Ravikant. )
Ended up watching this whole Buffett Q&A. If you watch other Buffett talks he does tend to repeat himself. This one is good.
Interesting to me how much Buffett talks about two companies, See’s and Coca-Cola, that have an emotional connection to the consumer. The results of that might be in the balance sheet, but the reason is beyond numbers. A genius of Buffett to combine cold technical investment analysis with being, like, the ultimate late 20th century American consumer.
As for Coke, the only new drink I know of that people drink five or six of a day is: