Just 2 shares.. 18 times profit.. This is what Warren Buffett earned! – legendary investor warren buffett investment in coca cola and american express returned over 18 times profits

American Warren Buffett is considered one of the most successful investors in the world. He is also one of the richest people in the world. Warren Buffett is a star of hope for those who want to succeed in the stock market investment all over the world. Coca Cola, Apple, Chevron, Bank of America, American Express are operating under Warren Buffett’s Berkshire Hathaway company.

Warren Buffett letter

Every year many people wait for the annual report of Berkshire Hathaway Company. The annual report will be accompanied by Warren Buffett’s letter to shareholders. In it, Warren Buffett will share his views on various matters including business and investment.

18 times profit

In this case, the annual report of Berkshire Hathaway Company and Warren Buffett’s letter have been released on February 25. In that letter, Warren Buffett shares his experience of turning $2.6 billion in Coca-Cola and American Express stock into $47 billion.

In his letter, he said, “In August 1994, we bought 400 million shares in the Coca-Cola Company for seven years. The total cost is $1.3 billion. In 1994, $75 million in dividends came from Coca-Cola.

Dividend from Coca-Cola increased to $704 million in 2022. Growth is sure to happen every year, like birthdays. We expect dividend income to continue to increase

A similar thing happened with American Express. In 1995, we bought American Express for $1.3 billion. Dividend received in this company increased from 41 million dollars to 302 million dollars.

While dividend income rises on the one hand, share price gains are important. By the end of 2022, our stake in Coca-Cola will be worth $25 billion and our stake in American Express will be worth $22 billion,” he said.