Warren Buffett's 2023 Shareholder Letter + TSLA Investor Day + More Bad News For The Economy
The Young Investors Podcast
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Warren Buffett's Secret Sauce
The letter is essentially Warren Buffett's way of just telling investors generally whether they're investors in Berkshire or just the investing community more generally. He put 1.3 billion into Coke back in the overall by 1994, and now he's getting 704 million bucks a year as a dividend. The yield on his cost of the investment is 54%. So every year he's just getting 54% of what he initially put back in - astounding.
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