David Winters, CEO of hedge fund Wintergreen Advisers, was handed a moral victory after his battle to oppose an enhanced pay package for The Coca-Cola Company (NYSE:KO) executives received support from Coke’s largest shareholder Warren Buffett. That public show of support, however, came after the board voted on the executive pay package. Now comes Coke’s earnings and once again Winters position regarding Coke is vindicated, but that and $4 will purchase a cup of coffee at Starbucks Corporation (NASDAQ:SBUX). He may be right, but does it matter? David Winters says Coke remains stuck in neutral “Despite increased spending on brands…
David Winters Vindicated As Coke Earnings, Growth Flat?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.