Health and sugar regulations are Coca-Cola's most significant long-term headwind. Currency fluctuations continue to be a recurring drag on reported earnings.
Its asset-light model continues to yield unusually high margins and steady cash flow. The company's global distribution network forms a moat built over decades.
Investors have spent a lifetime trying to decode Warren Buffett's investing philosophy, but the foundation of his approach has long been far easier than most consider, and it's all about staying consistent.
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