Bill Ackman Claims Warren Buffett Avoids Water
Bill Ackman revealed on a podcast that Warren Buffett claimed not to have drunk water in 48 years, preferring Cherry Coke instead.
Hedge fund manager Bill Ackman revealed on the Equity Mates Investing podcast that Warren Buffett claimed to have avoided drinking water for 48 years. Ackman recounted a dinner from years ago where the 96-year-old investor declined both still and sparkling water in favor of Cherry Coke.
Buffett, the former CEO and chairman of Berkshire Hathaway, is known for consuming five cans of Coca-Cola daily, a habit he once noted accounted for 25% of his daily calories. This dietary preference mirrors Berkshire Hathaway's financial interests, as the firm holds a roughly 9% stake in The Coca-Cola Company valued at approximately $28 billion as of December.
Buffett's preference for sweets and fast food has historically complicated his international travel. During a 1995 trip to China with Bill and Melinda Gates, special dietary arrangements were required to accommodate his habits.
