Is Coca-Cola Company (KO) a Good Long-Term Investment?

Aristotle Capital Management, LLC, an investment management company, released its “Aristotle Value Equity Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund returned -12.43% at NAV compared to a -12.21% return for the Russell 1000 Value Index. However, the fund outperformed the S&P 500 Index, which returned -16.10% in the quarter. Sector allocation attributed to the fund’s underperformance compared to the Russell 1000...