When Warren Buffett first took the plunge and invested in Coca-Cola (KO) back in 1988 through his company (BRK.A)(BRK.B), he likely didn’t know the full extent to which the investment would pay off over the decades. But for those who followed his lead and put just $1,000 into Coca-Cola stock at the time, the returns today are nothing short of impressive. Here’s a look at just how much that investment would be worth today.
In 1988, Coca-Cola shares were trading at around $2.45 each, adjusted for stock splits over the years. With $1,000, an investor could have purchased roughly 408 shares. Fast forward to 2023, and Coca-Cola's stock price has risen significantly, now trading at about $66 per share.
