Coca-Cola is a reminder that, if you only focus on fiscal cliffs and German intransigence and Chinese slowdowns, you miss what this market does best. You miss companies with superior management delivering better-than-expected quarters, which will then give you higher dividends and better capital appreciation.
Coke's brand, Coke's balance sheet and Coke's vision make a mockery of the brands and balance sheets and visions of the countries that interfere into our thinking every day. Management, pedigree, smarts: They are all more powerful than taxes, budget deficits and even employment woes.
Sometimes I think that, if we just talked stocks and didn't talk politics and its accoutrements, we would make you a lot more money.
Check that. We would almost always make you more money, and it would be a heck of a lot more interesting.Hmm -- it's something to think about. At the time of publication, Cramer had no positions in stocks mentioned.
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