Warren Buffett switched to Coke from Pepsi due to an old neighbor - Business Insider

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Warren Buffett drinks 5 cans of Coke a day — here's why he switched from Pepsi after nearly 50 years

The so-called Oracle of Omaha especially likes Cherry Coke. He agreed to have a cartoon of himself slapped on cans of the drink when it launched in China in 2017, and declined to charge a fee,However, Buffett isn't a lifetime loyalist.

"I didn't have it, but I could've borrowed it from my father. But can you imagine giving $10,000 to a guy who doesn't get up and go to work in the morning?" Keough said in a TV interview with former Disney CEO Michael Eisner. Keough's company was ultimately bought by Coca-Cola in 1964, and he rose through the ranks to become the group's president and chief operating officer in 1981. Four years later, he read in a magazine that Buffett was a fan of Pepsi-Cola Cherry. He swiftly wrote to his former neighbor, offering to send him some samples of the still-in-development Cherry Coke, which he described as "nectar of the gods." to expect a change at Berkshire Hathaway's yearly gathering.

 

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