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Buffett is famous for his love of Coca-Cola and his preference for fast food. Aikman told that he has not drunk boiled water for the last 48 years. At the same time, Berkshire Hathaway has been in possession of Coca-Cola for a long time and has received returns of about 21 times.
Hedge fund tycoon and Pershing Square CEO Bill Ackman recently revealed on a podcast that the “Stock God”buffet He once told them that he had not drunk boiled water for almost 50 years. Buffett is known as a Coke drinker, and this particular eating habit also reflects his investment interests.
Aikman recalled that Buffett came to his house for dinner a few years ago, and he prepared the stock god’s favorite Cherry Coke. Of course, Buffett refused the boiled water and sparkling water and decided to drink his favorite soda. Aikman curiously asked him: “Don’t you drink water?” Buffett replied: “I haven’t drunk boiled water for 48 years.”
Not drinking water sounds unbelievable, but Buffett is famous for drinking five cans of Coke a day. He also joked in 2015 that “a quarter of his body is made of water.”coca cola “.
Coca-Cola is also one of Buffett’s most representative long-term investments. Berkshire Hathaway has been buying Coca-Cola shares heavily since the 1980s and currently owns about 9% of the company. Berkshire’s investment costs that year were approximately US$1.3 billion. By the end of last year, the value of its stock holdings had risen to about US$28 billion, equivalent to about 21 times the initial cost.
Buffett not only likes to drink Coke, but he also often buys breakfast from McDonald’s on his way to work. From time to time, he also eats “remedial foods” such as hot dogs, French fries, popcorn, cookies, candies, and ice cream.
His love for fast food and sweets also reflects his investment outlook. Berkshire owns consumer food companies such as See’s Candies and Dairy Queen, and food giant Kraft Heinz is also one of Berkshire’s significant investments.
In 1995, Buffett traveled to mainland China for 17 days with Bill Gates and Gates’ then-wife Melinda. To get Buffett into the habit of eating, Gates specially arranged for the hotel chef to learn how to make burgers and French fries, and also made sure there would be Cherry Coke for Buffett to drink when the group climbed to the top of the Great Wall.
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Aikman said that Buffett once told him personally that he had not drunk boiled water in almost 48 years and drank almost only soda, especially Cherry Coke, which was quite surprising.
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Berkshire Hathaway has been buying Coca-Cola shares since the 1980s, owning about 9% of the company. The initial investment cost was approximately US$1.3 billion. By the end of last year, the market cap had increased nearly 21-fold to US$28 billion.
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He likes to drink Coke, often eats fast food and sweets, and he also prefers consumer brands when investing. Berkshire Hathaway owns companies like Coca-Cola, See’s Candy, Dairy Queen and Kraft Heinz.
