Warren Buffett's obsession with Coca Cola - as both an investment and his favourite tipple, kicks off this part of the transcript from the Berkshire AGM. New York Times journalist Andre Ross Sorkin opened the subject by quoting statistics on sugar-related deaths, asking why shareholders should be proud to own shares in the flag bearer for the world's "new tobacco". Apart from providing the opportunity for Buffett to show off his incredible mental arithmetic, the ever rational Berkshire chairman (and long time Coca Cola director) counters with his own experience - and expectations for longevity despite his famous sweet tooth (and love of the world's favourite fizzy drink). In this segment he also explains why Berkshire is making a large bets on renewable energy - where it is already the biggest in the US.
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