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re: KO, WMT, MCD... You scared?
Posted on 4/1/14 at 12:19 pm to Cold Cous Cous
Posted on 4/1/14 at 12:19 pm to Cold Cous Cous
quote:
Coke's profit margin on Dasani brand tap water must be insane.
Uncle formerly was a VP for Coca Cola and said that their profits on water alone makes them a rich company. Said they basically just take tap water and put plastic around it.
2
Posted on 4/1/14 at 12:21 pm to GenesChin
quote:I've heard Coke's secret formula for their bottled water is kept in in a bank vault in Atlanta.
Uncle formerly was a VP for Coca Cola and said that their profits on water alone makes them a rich company. Said they basically just take tap water and put plastic around it.
ETA: Full disclosure, Warren Buffett and I combined own over 400 million shares of KO.
This post was edited on 4/1/14 at 12:33 pm
Posted on 4/1/14 at 12:21 pm to GenesChin
quote:
Said they basically just take tap water and put plastic around it
this is why you don't buy "purified" water; we only get fresh spring water. though i'm sure we are are getting screwed somewhere along the line.
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