"PepsiCo has delivered total returns of approximately 39,953% since its IPO in 1965, turning a $10,000 investment into over $4 million today."
"Coca-Cola, with a split-adjusted price of around $0.09 in June 1965, produced even stronger results, making a $10,000 investment worth roughly $13.9 million today."
"Since Buffett's entry into Coca-Cola in 1988, total-return data show Coca-Cola up 7,830% versus PepsiCo's 6,485%, demonstrating the effectiveness of his investment strategy."
Warren Buffett initially favored PepsiCo but sold his stake in 1988 to invest in Coca-Cola. Today, Berkshire Hathaway owns 400 million Coca-Cola shares, accounting for 9.8% of its equity portfolio. Coca-Cola has outperformed PepsiCo since Buffett's switch, with total returns of 7,830% compared to Pepsi's 6,485%. A $10,000 investment in Coca-Cola at the time of Buffett's switch would now be worth approximately $883,000, highlighting the financial benefits of his decision.
Read at 24/7 Wall St.
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