‘Berkshire Hathaway high on Coke’: Elon Musk was stunned by the investment empire’s Coca-Cola dividend windfall

What we drew from this source

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• Coca-Cola has raised its dividend every year for the past 63 years

  80% confidence

• Berkshire Hathaway is 'high on Coke' referencing the massive Coca-Cola dividend income

  80% confidence

• mogul platform features an average annual IRR of 18.8% and cash-on-cash yields averaging 10-12% annually; each property requires a minimum 12% return even in downside scenarios

  80% confidence

• Lightstone has a 27.6% historical net IRR and 2.54x historical net equity multiple on realized investments since 2004, with $12 billion in assets under management

  80% confidence

• Moby's stock recommendations have beaten the S&P 500 by almost 12% on average across nearly 400 stock picks over four years

  80% confidence

• Wealthfront Cash Account provides a base variable APY of 3.30%, with new clients eligible for a 0.75% boost for the first three months on up to $150,000 for a total APY of 4.05%, which is ten times the national deposit rate

  80% confidence

• Warren Buffett drinks approximately five 12-ounce Cokes per day totaling about 700 calories and has done so most of his life

  80% confidence

• Coca-Cola dividends received by Berkshire grew from $75 million in 1994 to $704 million by 2022, growing every year, and are expected to continue growing

  80% confidence

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