Warren Buffett’s 5 Most Profitable Investments of All Time

3. The Coca-Cola Company (NYSE: KO)

Number of hedge fund holders: 61 

The Coca-Cola Company (NYSE: KO) is a Georgia-based company that makes and sells different kinds of beverages. It was founded in 1892 and is ranked third on our list of Warren Buffett’s most profitable investments of all time. The company’s shares have returned more than 22% to investors in the past year. Buffett first bought stake in the company back in 1987 as the shares were attractively priced after an economic recession. The beverage-maker represents one of the oldest holdings of Berkshire and accounts for 8% of its portfolio. 

The Coca-Cola Company (NYSE: KO) stock has jumped by more than 115% over the past decade, and in addition to this increase in value, the firm is also one of the largest dividend payers to Berkshire. It is estimated that Buffett had made more than $20 billion on his $1.3 billion bet on The Coca-Cola Company (NYSE: KO) by the end of 2020. Buffett had told investors in a letter in 1988 that he expected to hold onto the shares of the beverage maker for a long time. 

Out of the hedge funds being tracked by Insider Monkey, Nebraska-based firm Berkshire Hathaway is a leading shareholder in The Coca-Cola Company (NYSE: KO) with 400 million shares worth more than $21 billion.