One of the largest Warren Buffett’s investments to date is Coca-Cola, which is one of the world’s largest F&B companies. Buffett’s affinity to Coca-Cola dated way back to his childhood when he started his entrepreneurship journey selling cokes. Years later, he would become a major shareholder of Coca-Cola. It is a well-known fact that what attracted Warren Buffett to Coca-Cola was its simple and understandable business model – selling soft drinks to consumers, supermarkets and restaurants. This trait of Coca-Cola turned out to be one of its investment moats.
Even though Warren Buffett has built his fortune from his investments in Coca-Cola, does it means that the Food & Beverage (F&B) industry should be in your investment menu? Let’s delve into some of the common myths and check out whether it’s worthwhile to invest in Singapore F&B stocks.
Myth 1: F&B stocks are simple and easy to understand
While Warren Buffett may ......