Berkshire’s Munger: Coca-Cola an ‘Easy Choice’ for Investors

Friday, 01 Jul 2011 07:50 AM

 

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Berkshire Hathaway Inc. Vice Chairman Charles Munger, whose company built the largest stake in Coca-Cola Co., said the soft-drink maker is an “easy choice” for stock investors.

“It’s not nearly as good a business as it was 20 years ago,” Munger said today at a meeting in Pasadena, California. “But of the big companies that sell these kinds of consumer goods it would be one of my favorites.”

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