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We Study Billionaires - The Investor’s Podcast Network cover image

TIP508: Berkshire's Purchase of TSM & Meta "Doomsday" Analysis

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Moral Grounds of Investing in a Company Like Meta

Ackman asked Combs about the moral grounds of investing in a company that makes sugary beverages like Coca Cola. Unfortunately, we didn't get much of a response from Combs as he said that Coca Cola wasn't a name he had chosen on behalf of Berkshire. He noted that the company is effectively the Philip Morris or a tobacco company of this generation and is causing a lot of harm to society while doing a really good job of marketing it.

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