Coca-Cola (KO) Shows Why Strong Brands Can Build Lasting Competitive Moats

St. James Investment Company recently released its “Value Investors” third-quarter 2026 investor letter. A copy of the letter can be downloaded here. The fund is operating in an increasingly challenging value-investing environment marked by rising interest rates and energy prices, record government debt, elevated stock-market valuations, and ongoing geopolitical conflicts, even as the S&P 500 […]