GuruFocus Updates 14 March 2010 Featured No Comment

By guruek. David Winters, chief executive officer of Wintergreen Advisers LLC, has published his 2009 Letter to shareholders. Among other things, he commented on one of his holdings The Coca-Cola Company:An example of a portfolio holding with great diversification is The Coca-Cola Company (KO). As widely recognized as the red and white logo on Coca-Cola bottle and cans in the U.S., the Coca-Cola brand is equally recognized in virtually all countries around the world. We all know just what we are getting when we purchased a Coke. We are getting the same soft drink whether we are in Boston, Beijing, or Buenos Aires. For the company however, revenues are in currencies other than the U.S. dollar for every bottle or can sold outside of the U.S. The company is participating in broad based worldwide economies and is being paid in a collection of diverse currencies. Read more » »