Comments
BlueTommyD t1_iwwwxee wrote
It's almost like money itself can make money quicker than hard work ever can.
theverybigapple OP t1_iwwx1la wrote
thanks for the immediate downvotes, not-kind strangers.
EthanBeast t1_iwwxa39 wrote
Being rich is easy for that literal reason. You’ll never lose it so long as you’re not dumb as a door knob
MrsJangoFett t1_iwwxbd5 wrote
Let’s not oversimplify. The answer might change when we look at how labor & investment income are taxes in the US…oh wait, never mind…
pamdathebear t1_iwwxtj8 wrote
Buffett has 2 Ts
Berkshire earned those dividends not Warren himself
Dividends aren't free. It's deducted from the stock price.
pamdathebear t1_iwwxzhm wrote
Warren pays a lower tax rate than his secretary
covidcares t1_iwwy8m0 wrote
Neither of those choices are a likely option for my life track. Life is good anyway.
Elbynerual t1_iwwyohn wrote
Buffett started with gift money, much like musk or Trump.
Lens2Learn t1_iwwyzbz wrote
Now... what is the median income for employees?
autoencoder t1_iwwz9e9 wrote
Dividends are when a company pays out profits when it has nothing better to invest them in.
Coca Cola has no growth potential, all they do now is cannibalize what's left of the branded plastic sugar water industry.
autoencoder t1_iwwzfew wrote
I think the choice presented is interesting. But I don't think the chart is made beautiful by the data, which is what this sub is about.
[deleted] t1_iwwzo16 wrote
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Bright-Ad-4737 t1_iwx0x98 wrote
I dunno about "quicker". That investment was started 34 years ago. :P
[deleted] t1_iwx0zbe wrote
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DanDanDan0123 t1_iwx19s3 wrote
I have to ask…are the dividends from the total amount of dividends that the stocks earn and they will be passed to the investors or are those his dividend’s because he owns shares?
Big difference if this money is going to pay dividends to investors.
Bright-Ad-4737 t1_iwx1be3 wrote
WTF are you talking about "no growth potential?"
Its revenue has grown 25% over the past 4 years and market cap has grown 25% over the past 5.
Did you even open the financials before you made that statement?
GoonerAbroad t1_iwx281l wrote
Berkshire currently owns coca-cola shares valued at $22.7 billion.
theverybigapple OP t1_iwx283o wrote
Can’t compare like this
If something shitty happens both lose, but CEO has more skin in the game in non-monetary terms. He may fuck up his career, go to jail etc. whereas Buffet will lose lots of money.
dataslacker t1_iwx2d2c wrote
A bar chart to compare two numbers is unnecessary and therefore not beautiful.
autoencoder t1_iwx2xbp wrote
I mean long-term; over decades. It's my impression that Coke is everywhere, and nowhere left to expand. The market is saturated.
If people realized the harm sugary drinks do to them, they wouldn't buy any. But if they do, there are plenty with almost the same taste as Coke, but at least 2x cheaper.
reckonthedead t1_iwx3xst wrote
Coca cola doesn't only sell sugar drinks. Do you even invest?
KJtheThing t1_iwx4rxt wrote
Oh no that poor millionaire
[deleted] t1_iwx4u2u wrote
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Pig_Benis-1234 t1_iwx51id wrote
I wish I could stuff all the plastic pollution these fuckers helped generate right down their throats.
autoencoder t1_iwx5gnf wrote
Well, that is a fair point.
MarkVarga t1_iwx9ds4 wrote
It still took quite a lot of good decisions to get where he is now.
DamnImBeautiful t1_iwxa04y wrote
- Bad Visual Design: There's literally two numbers, and the numbers are hard to read since they're vertical.
- Misleading 1: Warren Buffet != Berkshire Hathaway
- Misleading 2: Not the same time frame for the comparison of the two entities
- Shit Sources: Dividend yield of 704M is based off of 2022Q1-2022Q3 of 2022, true dividend yield is unknown as it has not been announced for 2022Q4.
MarkVarga t1_iwxab2f wrote
That's the amount that he (his company, Berkshire Hathaway) received as dividend. But due to how the market works, if it wasn't paid as a dividend, it would have been realized in share price increase instead.
theverybigapple OP t1_iwxb8s4 wrote
Theoretically this is Financially neutral.
[deleted] t1_iwxbvkw wrote
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theverybigapple OP t1_iwxc2me wrote
Getting paid div vs not getting paid
SwooPTLS t1_iwxcc81 wrote
Agree.. it’s almost like saying this car is red and that one is blue..
Elbynerual t1_iwxfhu9 wrote
That's the other half of it. You can work hard and be in the right field and almost certainly be a CEO somewhere. In investing a stroke of bad luck can bankrupt you overnight.
MarkVarga t1_iwxfoub wrote
Yeah. Roughly 70% of investment accounts are on the red. For every Warren Buffet and Charlie Munger, there are literally tens of millions of people who lost money trying to trade/invest.
[deleted] t1_iwxgwmx wrote
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MisterPublic t1_iwxqlnx wrote
Not just that, almost nobody in this sub is ever going to even have one of those as a choice, so what is even the point of comparing these two numbers?
MisterPublic t1_iwxqrjd wrote
Yes, you get something here and the exact amount is taken away there. That's what they said
MaskedGambler69 t1_iwyiwkt wrote
Your attempt at comparison is lacking common sense.
european_hodler t1_iwyowpe wrote
the quality of this sub decreases daily. 2 data points? like really?
jrm19941994 t1_iwz74in wrote
Its almost like owning a company is better than working for said company.
Sensational
jrm19941994 t1_iwz79mn wrote
LOL no, if Coke goes bankrupt due to something other than the CEO doing illegal shit, he will be fine.
MoreGuitarPlease t1_iwzn5tg wrote
Wait I thought they all just worked harder than us.
MoreGuitarPlease t1_iwzn81p wrote
He ain’t risking anything either.
hotmodel1234 t1_ix0nb0r wrote
To be fair, you're not wrong, as the core Coke product is saturated! It's why Coke bought VitaminWater from 50 Cent and his investors, to energy drinks like Monster as they have a huge chunk of that. Just last year, they spent $5.6B, for Body Armor, which is damn good imo.
Aggravating_Gap_2055 t1_ix0znpy wrote
I would be more than fine with the 24.6
[deleted] t1_ix28jml wrote
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theverybigapple OP t1_iwwwvh6 wrote
Source: on the chart
Tool: Excel