Warren Buffett Says Happiness From Coca-Cola Trumps Benefit of Broccoli [View all]

[marmar]

(Bloomberg) Warren Buffett, whose Berkshire Hathaway Inc. is the largest investor in Coca-Cola Co., said his happiness from drinking the sodas outweighs health benefits from eating more vegetables.

“I elect to get my 2,500 calories a day from things that make me feel good when I eat them,” Buffett, 85, said at his company’s annual meeting Saturday in Omaha, Nebraska. “I have not seen evidence that convinces me that it’ll be more likely I reach 100 if I suddenly switched to water and broccoli.”

The answer ignored a request from New York Times writer Andrew Ross Sorkin to discuss the effect of Coca-Cola on global public health without Buffett touching on his own diet. Buffett, Berkshire’s chairman and chief executive officer, has heard from critics including hedge fund manager Bill Ackman over the Coca-Cola investment, as studies show sugary drinks may contribute to obesity.

Berkshire Vice Chairman Charles Munger, 92, said those who cite soda’s detriments make the “ghastly error” of not also considering the advantages of consuming the drinks. He said people have to drink 8 or more glasses of water a day, and adding flavor to some of those drinks is a benefit. ..............(more)

http://www.bloomberg.com/news/articles/2016-04-30/buffett-says-happiness-from-coca-cola-trumps-benefit-of-broccoli