Berkshire Hathaway Inc. Vice Chairman Charles Munger, whose company built the largest stake in Coca-Cola Co., said the soft-drink maker is an “easy choice” for stock investors.

“It’s not nearly as good a business as it was 20 years ago,” Munger said today at a meeting in Pasadena, California. “But of the big companies that sell these kinds of consumer goods it would be one of my favorites.”