For nearly 50 years of his life, Warren Buffett drank Pepsi, until he consumed five cans of Pepsi. Coke daily. For him, the exchange was not at all difficult, as most of his shares are in Coca-Cola.
Buffet, to Fortune, in 2015, said “I am a quarter of Coca-Cola”, pointing out that the drink is part of his daily routine and consumes 25% of his diet. The saying, of course, had a double meaning. In addition to large amounts of Coca-Cola, the billionaire has US$ 400 million of investments in shares in the company, participating with 9% of the total value. In all, the businessman has US$ 25 billion as part of the refrigerator.
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However, that wasn't Buffet's life forever, as before that his favorite drink was Pepsi. The businessman's son nicknamed him "Pepsi Warren" because his father consumed a lot of branded soda. But that changed when Buffett visited a friend.
Omaha resident coffee salesman Don Keough was visited by Buffett to let him know he was starting a new business, telling the neighbor words that anyone would not believe: “If you give me $10,000, maybe I can do something with it. that".
However, Keough did not believe Buffett, as the current entrepreneur did not have a traditional job and had plenty of time during the day.
In his defense, in an interview for a TV, the neighbor pointed out the reason for not trusting Buffett. “I didn't have it, but I could have borrowed it from my father. But can you imagine giving $10,000 to a guy who doesn't get up and go to work in the morning?"
The truth is that the investment of only US$ 10,000 could be worth US$ 93 million to the neighbor.
In 1964, Keough's coffee company was purchased by Coca-Cola, and he was appointed as president and director of the company in 1981. After four years, he learned that Buffett was a die-hard Cherry Pepsi-Cola fan and sent him some Cherry Coke samples for the former neighbor to taste.
This attitude was enough for, in 1986, Warren Buffett changed his personal and professional tastes, warning Berkshire Hathaway stockholders that it would be the official beverage of any Berkshire Hathaway meeting. company. So, after 48 years of drinking Pepsi, Buffett fell in love with Coca-Cola.
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