The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and analyst Jason Moser discuss topics across the investing world.

We know that Warren Buffett enjoys drinking Coca-Cola, but it's also clear that he can't get enough of its stock. In his recent letter, Buffett announced that he'd purchased even more shares of the company. Jason and John drill down further into Coca-Cola to see why Buffett loves it so much. Jason then considers whether or not it's a buy at the current price.

Jason Moser owns shares of Berkshire Hathaway. John Reeves owns shares of Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway, Coca-Cola, and PepsiCo. Motley Fool newsletter services recommend Berkshire Hathaway, Coca-Cola, and PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.