Warren Buffett is known for his sharp investing mind, but his habits are just as interesting – especially his well-documented love for Coca-Cola. As an investor in the company, Buffett doesn't just back the stock; he's a dedicated consumer too. He's famous for drinking about five soda cans daily, mostly Cherry Coke.
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At 94, Buffett still sticks to his sugary routine. In 2015, he joked to Fortune, "I'm one-quarter Coca-Cola," admitting that the drink accounts for 25% of his daily calorie intake.
His passion for the beverage isn't just a habit; it's also tied to his massive investment in the brand. His company, Berkshire Hathaway, holds 400 million Coca-Cola shares, valued at over $28 billion, making up over 10% of the company's portfolio.
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Despite his heavy soda consumption, Buffett hasn't shown much concern about how it affects his health. After a prostate cancer diagnosis in 2012, he didn't shy away from defending his love for Coca-Cola, saying, "I don't think the prostate cancer was caused by Coca-Cola." He even added that he hadn't missed a day of work since undergoing treatment.
Fortunately, as Buffett explained in the annual shareholder letter that year: "The good news is that I’ve been told by my doctors that my condition is not remotely life-threatening or even debilitating in any meaningful way." Just a few months later, in September of 2012, Buffett announced he completed 44 days of radiation.
Buffett's attachment to Coca-Cola wasn't always a given. For much of his life, he was a Pepsi fan – so much so that his son, Howard, used to call him "Pepsi Warren." It wasn't until Don Keough, a neighbor and Coca-Cola executive, entered his life that Buffett switched teams. The connection grew into a personal and professional relationship, leading to Buffett's deep involvement with Coca-Cola.
The billionaire has always stood by his unconventional diet, often saying it brings him happiness. "I always tell people: I found everything I like to eat by the time I was six," he told CNBC. His favorites? Hot fudge sundaes and, of course, Coke.
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But Buffett isn't the only billionaire who loves junk food. Bill Gates has admitted to being hooked on Diet Coke, sipping it throughout the day like it's water. While Gates goes for the diet version, Buffett doesn't shy away from the sugary stuff, sticking with his classic Coke. And they don't just love soda – the billionaire buddies each have exclusive McDonald's "Gold Cards" that give them free food for life.
Buffett is so committed to his eating habits that he once joked he'd happily trade a year of his life just to eat whatever he wants. It's all part of his philosophy of enjoying life. He's well aware that his diet, which amounts to about 2,600 to 2,700 calories a day, isn't exactly a nutritionist's dream, but he's not interested in changing it anytime soon. For Buffett, happiness—even with extra sugar—is what matters.
Buffett's outlook is simple: enjoy what you love and if that happens to be Cherry Coke, go for it – even if health experts say otherwise. For him, it's worked out pretty well so far.
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