For Warren Buffett, Apple is his new Cola-Cola as the investing icon reaps $100 billion in six years


Billionaire Warren Buffett says he drinks five Cokes a day.

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Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola.

Berkshire Hathaway began buying Apple’s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with a cost of $36 billion. As the tech giant’s share price skyrocketed, the value of Buffett’s bet has ballooned to more than $160 billion, bringing his return well over $100 billion on paper in just six years.

The highly lucrative investment reminded some Buffett watchers of Coca-Cola, the Oracle of Omaha’s oldest and longest stock position. The…


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