Billionaire Warren Buffett was the surprise guest at Coca-Cola’s annual meeting Wednesday at the Cobb Galleria.
Buffett, Coca-Cola's largest shareholder, was introduced with a video of him strumming a ukulele and singing a few lines from the iconic "I'd Like to Buy the World A Coke" from the brand's "Hilltop" commercial.
“Of course, I could buy the world a Coke, but I don’t think our shareholders would go for that,” Buffett said to laughter.
Buffett said he has faith that Coke will continue to grow as long as the company keeps prices reasonable and convenient for fans. Coke has been under pressure as regular Coke and Diet Coke have seen flat or falling North American sales over the last few years as consumers pull back on consumption of sugary drinks.
“If you’re looking for a wonderful business, it’s hard to beat Coca-Cola,” Buffett told Coke CEO Muhtar Kent.
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