Coca-Cola is one of Berkshire's longest-held investments. Buffett originally bought the stock in the late 1980s and bought more shares in 1994. Berkshire still holds 400 million shares after stock splits, worth $28.7 billion at the end of Q3.

Warren Buffett is known for his value approach to investing, and that was on display again in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter trades. Both of these stocks fit the classic Buffett schema.

The latest Berkshire Hathaway 13F filing came out last week detailing the holding company's buys and sells, and there were a few surprises. Warren Buffett waded into Pool Corporation (NASDAQ: POOL) and munched on Domino's Pizza (NYSE: DPZ) for the first time.