Ackman shared the anecdote on a recent episode of the Equity Mates Investing podcast, describing his efforts to host the legendary investor. Despite the unconventional hydration habit, Buffett’s affinity for Coca-Cola is well-documented. The former Berkshire Hathaway CEO famously claimed in 2015 that he was “one-quarter Coca-Cola,” noting that the soda accounted for 25% of his daily caloric intake. This loyalty transcends personal consumption; it is mirrored in his investment portfolio, where his roughly 9% stake in the beverage giant has yielded a 21-fold gain since the mid-1990s.
In section Finance faces
Warren Buffett’s Decades-Long Abstinence from Water
“Bill, I haven't had water in 48 years,” Warren Buffett once told hedge fund manager Bill Ackman. The revelation came during a dinner at Ackman’s home, where the billionaire investor politely declined a glass of water in favor of his signature Cherry Coke, a beverage preference he has maintained for half a century.
Buffett’s dietary preferences—frequently featuring McDonald’s, hot dogs, and various sweets—have become legendary among his peers. During a 1995 trip to China, Bill and Melinda Gates took elaborate precautions to ensure he had access to hamburgers and fries, even coordinating with hotel chefs to accommodate his tastes. Whether at the Great Wall or a boardroom table, his commitment to his specific, comfort-focused diet remains as consistent as his long-term investment strategy.
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