Buffett’s Secret Sauce: Why Constellation Brands Beats the Rest

Let’s begin with the obvious. Eight stocks in Buffett’s portfolio offer yields north of 2.4%. But as any seasoned trader knows, yield alone is a siren song. Take Coca-Cola, a stock that has remained unchanged in Berkshire’s holdings since 1994. One might call it a time machine for investors-except it’s a time machine that only takes you back to 1994. Similarly, Kraft Heinz boasts a 5.8% yield, but its stock has plummeted by two-thirds since 2015, and its dividend cut in 2018 reads like a cautionary tale for anyone who thinks dividends are a birthright.







