RE:RE:RE:Don't bring up Coke anymoreFox Business Network anchor Liz Claman tweeted on Friday that Buffett and Munger told Fox, It would be a mistake for Coca-Cola to get into the marijuana cannabis business. They have a wholesome image and that would be detrimental to it.
sorry to squash your Hope's, try researching your investment once in a while. You might just learn something.
Homestretch4me wrote: Warren Buffett and his right-hand man, Charlie Munger, advised Coca-Cola not to enter the cannabis business. Buffett's Berkshire Hathaway is the largest investor in the soft-drink maker, owning a $19.5 billion stake. Coca-Cola earlier this year held talks with the cannabis producer Aurora Cannabis about teaming up to make CBD-infused beverages. The talks ultimately failed. Watch Coca-Cola trade live. Warren Buffett loves Coca-Cola. So much so that he drinks five cans of the product a day. Additionally, his company, Berkshire Hathaway, is the largest shareholder of the soft-drink giant, owning a nearly 10% stake worth $19.5 billion. So let's just say that when Buffett talks about Coca-Cola, its management likely listens. And they might not like what he and his right-hand man, Charlie Munger, had to say on Friday.
More to come dipshite.
Hotdog wrote: Saw you and Warren are best friends and he told you this over brunch this morning