We have heard it from Warren Buffett time and again how important is the product, even more important that the price at which you buy a company.Now, I am sure with the numbers at hand we can look at what he meant when he was talking about. It is fascinating to see what $40 invested in one share of Coca Cola in 1919, with all subsequent dividends reinvested (assuming no taxes & no commission), would be close to around $ 8.5 Million, and yes that is M at year end 2010.
We shall soon be out with the Coca Analysis, and a fair look at the assumptions Mr.Buffett made during his investment in the company, and an actual Excel File looking at the same.Till then enjoy the PDF.
No comments:
Post a Comment