Last Updated October 17, 2018
As regular readers will know, I think many low-risk defensive “bond proxy” stocks are probably too expensive.
I chose those two companies because Warren Buffett is known for being a big Coca Cola investor, and also for not being a Microsoft investor. They also represent two very different types of bond proxy, with one focussed on the low-tech world of soft drinks and the other focused on the high-tech world of computers and software.
I have no doubt that they’re both great companies with impressive track records, but at current prices are they attractive investments?
Is Buffett Right to Choose Coca Cola over Microsoft?