“Coca-Cola has probably done more to create obesity and diabetes on a global basis than any other company in the world,” Ackman said. Coca-Cola has “displaced the water that children and adults consume with sugar water,” he said.
His comments came after Munger, Berkshire’s vice chairman, told The Wall Street Journal’s MoneyBeat that Valeant Pharmaceuticals International Inc. “was too aggressive in ignoring moral considerations in the way it did business.”
