Warren Buffett explaining Why He'll Never Sell a Share of Coke Stock - all about the mindset

The Oracle of Omaha" and Coca-Cola board member, Warren Buffett sits down with Coke CEO Muhtar Kent to share his history, affection and enthusiasm for the company, KO stock and explains why he'll never sell a share. The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislatures. The inflation tax has a fantastic ability to simply consume capital. It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation, or pays no income taxes during years of 5 percent inflation. — Buffett, Fortune (1977) #warrenbuffett #investing #valueinvesting #portofolio #stocks #stockportfolio #stockmarket #growthmindset #startearly #howtoinvest #howtomakepassiveincome #howtoinvestinstocks #howtoinvestinstocksforbeginners Disclaimer: I must state that in NO way, shape or form am I intending to infringe rights of the copyright holder. Content used is strictly for research/reviewing purposes and to help educate. All under the Fair Use law. Content is both TRANSFORMATIVE and EDUCATIONAL in nature. Content is in compliance with Content Quality section of YPP Policies as the editing adds creative value which makes content unique. "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing." Original video:    • Warren Buffett On Why He'll Never Sel...   For any issues with this video please get in contact: [email protected]