The Real Reason Warren Buffett Didn't Battle Coca-Cola

Warren Buffett and Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) recently received a fair amount of flack for not voting against the proposed executive compensation plan at Coca-Cola. This past Saturday, Buffett opened up about the situation and told investors why he chose not to fight this particular fight.

In the following video, Motley Fool analysts Matt Koppenheffer and David Hanson discuss the lessons they learned from Warren Buffett while attending the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska. During the meeting, Warren Buffett and his business partner, Charlie Munger, took questions from shareholders for nearly 6 hours and provide their thoughts on everything from investing, corporate governance, and personal success. The discussion around Coca-Cola was particularly interesting because Buffett's son, Howard, is on the Coca-Cola board of directors and voted in favor of the plan. Matt and David breakdown why Buffett inaction wasn't very "un-Buffett-like" after all -- Buffett surveyed the situation and realized the battle wasn't worth hurting a long-term relationship.

Buffett and Berkshire just bought nearly 9 million shares of this company
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report details this company that already has over 50% market share. Just click HERE to discover more about this industry-leading stock... and join Buffett in his quest for a veritable landslide of profits!


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