You are here

Buffett defends Berkshire's investments, including Coke

Its Q1 net income is slated to have risen 8% although operating profit probably fell 12%

BT_20160502_CPBUFF2A_2255973.jpg
STILL A HIT: Mr Buffett, who consumes 700 calories of Coke a day, says it seemed wrong to blame calories alone for rising obesity levels. 'I elect to get my 2,600 or 2,700 calories a day from things that me feel good when I eat them.'

Omaha, Nebraska

WARREN Buffett on Saturday defended several of Berkshire Hathaway Inc's larger or struggling investments, including Coca-Cola and the BNSF railroad.

Speaking to tens of thousands of shareholders at Berkshire's annual meeting in Omaha, Nebraska, Mr Buffett and vice-