2 ms·
Mungers' comment is part of a speculative forecast being made in a fictional story set in 1884, so it's not clear to me what relationship it's supposed to have
by antonvs 3y ago
Mungers' comment is part of a speculative forecast being made in a fictional story set in 1884, so it's not clear to me what relationship it's supposed to have to the real world.
But according to the link below, "3.1% of all beverages consumed around the world are Coca-Cola products" :
https://www.businessinsider.com/facts-about-coca-cola-2011-6 https://www.businessinsider.com/facts-about-coca-cola-2011-6
This is supported as follows:
> Of the 55 billion servings of all kinds of beverages drunk each day (other than water), 1.7 billion are Coca-Cola trademarked/licensed drinks.
> Source: Coca-Cola 2011 SEC Filings, Coca-Cola
So that 3.1% apparently excludes water and would be even smaller if water is counted.