4.8 • 186 Ratings
🗓️ 24 May 2023
⏱️ 39 minutes
🧾️ Download transcript
What’s the secret to Coca-Cola’s success? And what’s in the secret recipe? Tune in and find out!
The production team on this episode were PLAN-B’s Nikolai Ovenberg and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke with input from portfolio manager John Santo Domingo.
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0:00.0 | Hi everyone and welcome to our podcast in Good Company. |
0:04.3 | I'm Nicola Tangan, the CEO of the Norwegian Soan Wealth Fund and your host today. |
0:09.0 | In this podcast, I talk to the leaders of some of the largest companies we are invested in |
0:12.6 | so that you can learn what we own and also meet these impressive leaders. |
0:16.5 | Today, I'm speaking to James Quincy, the chair and CEO of a company that has satisfied |
0:21.1 | our thirst for over a century, namely the Coca-Cola company. |
0:25.4 | Coca-Cola was initially introduced as a medicine in the late 1800s. |
0:29.8 | Now, they are the world-largest beverage company, with our 200 brands serving 2.2 billion |
0:36.1 | people every day. |
0:37.2 | We own over 1% of Coke, translating into 28 billion croons or 200 brands serving 2.2 billion people every day. |
0:43.5 | We own over 1% of Coke, translating into 28 billion croons or almost 3 billion US dollars. |
0:46.5 | Now, how did they manage to develop such an iconic brand? |
0:49.9 | And where are they keeping the secret Coca-Cola recipe? |
0:51.1 | Stay tuned. Music stay tuned it's funny it's funny we had a bill uh bill gates on the podcast uh quite recently and he only |
1:05.5 | had a one one thing he asked about what diet coke, diet Coke. He is a believer. |
1:13.0 | He's a believer. |
1:14.3 | Now, we of course all have, we all know about Coke. |
1:17.8 | Now, if you were to distill down the kind of secret sauce, |
1:20.5 | what do you reckon it's been the secret source to cook? |
1:22.8 | I think one of the pieces, one of the elements of the secret source, |
1:27.2 | particularly a brand |
1:28.2 | Coca-Cola, has been this in two dimensions. |
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