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Why Warren Buffett Should Really Be Happy While Drinking His Coke


Coca-Cola (KO - Get Report) is bringing a ton of happiness to billionaire investor Warren Buffett.

"I happen to elect to consume 700 calories a day of Coca-Cola -- I'm not sure which quarter (of calories) and I'm not sure we want to pursue that question," Buffett said Saturday at Berkshire Hathaway's (BRK.A - Get Report) annual meeting. Buffett, whose Berkshire Hathaway owns 9% of the beverage giant and is its largest shareholder, added, "I really wish I had a twin, and that twin had eaten broccoli his entire life -- I know I would have been happier, and I think the odds are I would have lived longer."

Buffett is 85 years old.

Sugary cans of Coke aren't the only thing driving happiness in the Oracle of Omaha's world.

Shares of Coca-Cola hit a record high of $47.13 on April 11, falling back slightly to $44.80 as of Friday.

So far this year, Coca-Cola's stock has gained about 4.3%, outperforming the 2% gain for the Dow Jones Industrial Average. Over the past year...