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It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.

Charlie Munger's comments on Wesco and Berkshire Hathaway at the 2001 Wesco Financial Annual Meeting, www.tilsonfunds.com. May 2, 2001.
It took us months of buying all the Coke stock we could to accumulate $1 billion worth - equal to 7% of the company. It's very hard to accumulate major positions.