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Buffett believes that $KO is a great business with a durable competitive advantage that has allowed it to dominate the soft drink industry for over a century. He believes that the company's brand, distribution network, and global scale provide a strong moat that protects it from competition πŸ’ͺ

Buffett also sees Coca-Cola as a company that generates consistent and predictable cash flows, which allows it to pay dividends and buy back stock. He believes that the company's focus on returning value to shareholders, combined with its ability to reinvest in the business and pursue strategic acquisitions, makes it an attractive long-term investment πŸ“ˆ

Another key aspect of Buffett's thesis is the company's management team. He has expressed admiration for Coca-Cola's long-time CEO, Muhtar Kent, and believes that the company's executive team is focused on creating long-term shareholder value πŸ’°

Overall, Buffett's investment thesis for Coca-Cola is based on the belief that the company is a strong, well-managed business with a competitive advantage that will allow it to generate consistent profits and return value to shareholders over the long term.

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