Warren Buffet Swapped Pepsi For Coca-Cola. Here's Why.

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Warren Buffet Swapped Pepsi For Coca-Cola. Here's Why WRITTEN BY SHAURYA THAKUR

Born on August 30, 1930, Warren Buffet is the chairman and CEO of Berkshire Hathaway. He is currently the fourth richest man in the world, with a net worth of over $110 billion.

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Warren Buffet's lifelong association with Coca-Cola started with meeting Don Keough.

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Buffet asked Keough, then coffee salesman, for a sum of $10,000 for investment purposes.

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Don Keough passed on his neighbor's offer as he saw him as someone with unsteady employment.

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When Don Keough heard about Warren's fondness for Cherry flavored Pepsi, he wrote Warren, asking him to send some samples.

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Don sent Warren the still-in-development Cherry Cola product, forever changing Warren Buffet's taste buds.

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Warren Buffet went ahead and purchased $1.3 billion worth of Coca-Cola stock between 1988 and 1994.

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