The Refreshing Investment Tale of Quincy, Florida's Many Coca-Cola Millionaires
In this segment from the Motley Fool Answers podcast, Alison Southwick and Robert Brokamp explore the megabagger returns that accrued to a small farming town from getting in early on Coca-Cola in the years following its 1919 IPO. The town's banker was a firm believer in the soft-drink company's ability to deliver over the long haul, and as a result, many of his customers ended up millionaires on the back of that one investment, held through thick and thin. And when we say megabagger, we're not exaggerating.
A full transcript follows the video.
Source: Fool.com