Another Reason Warren Buffett is an Idiot

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MachineGhost
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Another Reason Warren Buffett is an Idiot

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[quote=http://www.barstoolsports.com/iowa/supe ... year-olds/]“If I eat 2700 calories a day, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it everyday.”? Perhaps only a man who owns $16 billion in Coca-Cola stock—9% of Coke, through his company, Berkshire Hathaway—would maintain such an odd daily diet. One 12-ounce can of Coke contains 140 calories. Typically, Buffett says, “I have three Cokes during the day and two at night.”? When he’s at his desk at Berkshire Hathaway headquarters in Omaha, he drinks regular Coke; at home, he treats himself to Cherry Coke. Asked to explain the high-sugar, high-salt diet that has somehow enabled him to remain seemingly healthy, Buffett replies: “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.”? The octogenarian adds, “It’s the safest course I can take.”?[/quote]
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

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GT
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Re: Another Reason Warren Buffett is an Idiot

Post by GT »

When your company owns 16 billion in coke stock, I guess you market it every chance you get.

To bad Warren does't own a lot of Ex-Lax stock.. now that would be funny. "Lived into his 80's by pooping like a 6 month old".
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sixdollars
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Re: Another Reason Warren Buffett is an Idiot

Post by sixdollars »

That's pretty funny, sounds like something that could've been written in The Onion :P
"There’s nothing wrong with Harry’s portfolio—nothing at all—but there’s everything wrong with his followers, who seem, on average, to chase performance the way dogs chase cars."

-William J. Bernstein
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dualstow
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Re: Another Reason Warren Buffett is an Idiot

Post by dualstow »

I remember reading ~ 2005 that Buffett drank tons of Coke every day, buying it at a deep volume discount. All I could think was that I'd have pimples and diabetes. (Despite all the research pointing to the contrary, I just know that I break out after chocolate bars and soda). God bless him for living this long. I'd love to have his brand of "idiocy".
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