Bill Ackman says Buffett declined water and chose Cherry Coke
In short
Bill Ackman said Warren Buffett refused water at dinner and picked Cherry Coke instead. Ackman said Buffett claimed he had not had water in 48 years, and the summary says Buffett drinks five cans of Coke a day.
This is mainly a personal anecdote about Buffett’s drink habits. The report does not say it changed anything for Berkshire Hathaway, Coca-Cola, or the market.
What the reporting says
Bill Ackman recalled that Warren Buffett declined water at a dinner and chose Cherry Coke instead, saying he had not had water in 48 years. The summary also says Buffett is known for drinking five cans of Coke daily and joking about his devotion to the drink. The reporting does not indicate any financial or business consequence from the remark.
Why it matters
Bill Ackman recalled a dinner moment in which Warren Buffett declined water and chose Cherry Coke, with the summary saying Buffett claimed he had not had water in 48 years. The piece also repeats Buffett’s long-running Coke habit, including five cans a day. No market, company, or investment impact is reported.