Warren Buffett MBA Talk - Part 5
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He's going on about the dissemination of coke at home and abroad amongst the backdrop of upswings in diabetes diagnosis. Wherever money is being made in prodigious amounts it usually seems that some little known adverse effect is happening elsewhere or lurking in the shadows of the future.
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Nice contrast between positive and normative economics in his bit on taste-memory, when you consider the current type 2 diabetes epidemic. Also, investing in Coca Cola was probably the most conspicuous no-brainer ever.
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I think the scuttlebuttle method was covered in "Common Stocks and Uncommon Profits".
Someone correct me and call me an idiot if I'm wrong.
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Great discussion about taste memory
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@DackIsBack : So is highly-refined bull urine(taurine), apparently. ;])
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In the late '90s, I worked in a nice hotel: the outside ashtrays were full of half-smoked cigar butts. In the early 2000s, they were full of half-smoked cigarette butts. In the late 2000s, there were a few completely-smoked cigarette butts.
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he loves that crap he always talks about it. @dollardollarbill1
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@DackIsBack Warren Buffet owns 200 million shares of Coca-Cola Company. :)
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@DackIsBack Warren Buffett owns 200 million shares of Coca-Cola Company. He definitely has an significant vested interested in it. :)
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Gotta love this guy. A billionaire genius that is so humble and down to earth. Has that nice "grandfatherly" feel with his light sense of humor and simple discussion of what truly makes a great business. My number one idol.
kentharlarrisis 3 years ago 52
just listening to Warren makes me want to go out and buy some see's candy and coke he is a f*** genius pure and simple what a nice guy also
tannerutah 2 years ago 5