3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP487: Warren Buffett’s 12 Investment Principles (with a Case Study)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Investing in Unrelated Businesses - Tenet 11 Determined the Value of Stock

When Buffett purchased Coke, the company was trading at 15 times earnings and 12 times cash flow. Just because Coca-Cola was yielding less than a long-term bond doesn't mean that the value isn't significantly higher. It would probably be foolish to assume that Coke wouldn't grow at all in the future as earnings had grown at nearly 18 percent per year since 1981.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode