Mary Buffett argues Coca-Cola markets unhealthy products as happiness and compares the company to Big Tobacco. Warren Buffett owns 400 million shares. She sold her tobacco stocks on ethical grounds and now questions whether institutions should serve or sponsor Coke.
Questions this video answers
400 million shares.
Over 10 books (including 'Buffetology').
Chapters
I've always wondered, is one of America's most beloved companies based on a blatant lie? Coca Cola is a company that basically exists to take high fructose corn syrup and market it as happiness in a red can to brainwash billions of people to consume, drink and put in their bodies a substance that is destructive to human health.
What's Cola? Poison water.
We know that today. But there's something that makes me slightly uncomfortable. See, I'm a big Warren Buffett fan. I love Warren Buffett. He's such a nice guy. But I've often wondered, why is it that such a nice man like Warren Buffett invested so much money in Coca Cola? We own 400 million shares of Coca Cola stock. As you know, we've never sold a share. And I wouldn't think of selling a share. I like this one. I decided to sit down with Mary Buffett, Warren Buffett's former daughter in law, who wrote over 10 books on Buffett's style of investing, including Buffetology, to see what Mary Buffett thinks about this apparent dichotomy. Such a nice man investing in such a bad idea. How can we even talk about investing in Coca Cola when the basic premise of this company is making the human race sicker?
There will be a certain number of people who will continue to drink Coca Cola over the years. Younger people probably won't. Over the years, the younger people that we're talking about will most likely change their brand to adapt to healthier things. There will always be some people drinking Coca Cola, others. But for instance, I used to own Philip Morris. I used to own tobacco stocks. And I got to a point where it was just socially irresponsible for me. Even though I made a great deal of profit, I had to make the decision to sell the tobacco stocks.
So times are going to change.
Times are changing.
I believe Cola will be viewed the same way we today view tobacco stocks within the next 10 years.
Within the next 10 years.
I love what Mary just said about dumping tobacco stock. You see, what we often see normal in society today might be seen as abnormal. Future generations down as we grow in consciousness. In 1999, I attended a student leadership conference. It was sponsored by British American Tobacco. Think about that for a moment. When would you allow your 19 or 20 year old kid to attend a student leadership conference sponsored by British American Tobacco? That student leadership conference I was part of still exist today. They have learned to no longer take money from British American Tobacco. But guess what? Coca Cola is one of their biggest sponsors. I bet you they are going to dump Coca Cola as a sponsor within the next 10 years. As Mary Buffett alluded to, we are awakening in 10 years. Investing in Coca Cola would be as horrible as investing in Big Tobacco. Taking sponsorship money from Coca Cola would be as bad as taking sponsorship money from Big Tobacco. Human society evolves and it's evolving away from companies that use mass marketing and fake advertising to brainwash the population to buy crap tastic products. Now. Coca Cola dough is ingenious. Check out what it says on their Instagram. Spreading optimism. I don't know about that. Maybe spreading diabetes, maybe spreading obesity, but definitely not spreading optimism. We know today that 95% of the serotonin in our brain, the chemical that creates happiness and good emotions, comes from our gut bacteria. And we know Coca Cola messes that up. So Coca Cola is actually worse for your emotional states. The ads may lift you up in 30 seconds, but consuming that so bad. So you've heard from a Buffet herself. What do you think? Are you going to continue serving Coca Cola to your children? If you're a CEO, are you going to keep Coca Cola vending machines in your office? If you are a university administrator or a high school administrator, are you going to be serving Coke in in the halls of your schools? It's up to you to decide. But if you are, we don't blame you. Coca Cola has engaged in one of the biggest forms of mass brainwashing known to man. Much the same that Philip Morris engaged in decades ago. But we are gonna wake up and you can be on the leading edge of humanity's evolution, or you can be backwards. The choice is yours. Share this video if this resonated with you, feel free to edit this. Dub this in your own language. Cut it up. Put it up on your own YouTube channel. Coca Cola spends billions brainwashing people. Let's spread some truth.
