Restaurants

Buffett will tell you which is better, Taco Bell or Chipotle, when they start serving burgers

Key Points
  • Warren Buffet says he frequents KFC, McDonald's, Burger King and occasionally Wendy's.
  • The CEO of Berkshire Hathaway doesn't go to Taco Bell or Chipotle Mexican Grill.
  • "I'm for whichever one serves Coca-Cola," Buffett tells CNBC.
Why Warren Buffett doesn't eat at Taco Bell or Chipotle
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Why Warren Buffett doesn't eat at Taco Bell or Chipotle

Billionaire Warren Buffett may be able to afford the finer things, but his taste in food is quite simple.

During an interview on CNBC's "Squawk Box" on Monday, Buffett said he frequents KFC, McDonald's, Burger King and occasionally Wendy's.

Buffett is known for his love of fast food. In HBO's documentary, "Becoming Warren Buffett," he admitted that he eats at McDonald's every day for breakfast and it never costs him more than $3.17.

Berkshire also holds a stake in Restaurant Brands International, the parent company of Burger King, valued at more than $500 million.

Buffett also has a close partnership with 3G, the Brazilian investment company that owns Restaurant Brands, and Berkshire helped the company buy Canadian coffee chain Tim Hortons several years ago.

But there's one fast food category you won't find Buffett dining at: Mexican. The CEO of Berkshire Hathaway doesn't go to Taco Bell or Chipotle Mexican Grill.

CNBC Tweet

"When they start serving hamburgers, I'll give you an opinion. ... I'm for whichever one serves Coca-Cola."

Buffett holds a more than 9 percent stake in the Coca-Cola company, with a holding value of more than $17 billion.

He is known to drink at least five 12-ounce servings of Coca-Cola beverages a day. His favorite soft drink from the brand? Cherry Coke.

During the CNBC interview, Buffett also spoke on these topics:

— When choosing between stocks and bonds 'I would choose equities in a minute'
— I don't think Berkshire should avoid doing business with people who own guns
— The new GOP tax law benefits Berkshire and acts as a 'huge tailwind' for businesses
— 'We've bought more Apple than anything else' in the last year— Munger's three ways to go broke: 'liquor, ladies and leverage'
— Bezos, Dimon, and I aim for something bigger on health care than just shaving costs
— Buffett's big Berkshire-March Madness contest will double the payout if a Nebraska team wins it all