Subject: Re: considering coat tailing OXY
It’s a permanent holding.

And the business continues to thrive 36 years later. Still generating cash, still paying Berkshire annual RISING streams of income.

That’s what Buffett wanted. Markets will do what they do and mark how they mark. Those bigger dividend checks every year are REAL MONEY and Coke’s growing net worth is all that really matters. All that one can ask. It’s all one could rationally forecast and expect.

And the cash Coke generates for Berkshire each year gets deployed in the most desirable option available at THAT time to Berkshire. In options far more attractive presumably that Coke in 2002 or Coke on 2019…Just like See’s cash, etc. Those are more valuable dollars than they appear.