I’d rather have a $10 million business making 15 percent than a $100 million business making 5 percent.
If you run across one good idea for a business in your lifetime, you’re lucky ; and fundamentally, Coca-Cola is the best large business in the world. It has got the most powerful brand in the world. It sells for an extremely moderate price. It’s universally liked – the per capita consumption goes up almost every year in almost every country. There is no other product like it.
Problems in a company are like cockroaches in the kitchen. You will never find just one.
We’re not looking at the aspects of the stock, we’re looking at the aspects of the business.