oldye Posted July 21, 2012 Posted July 21, 2012 http://www.bloomberg.com/video/warren-buffett-fails-the-cherry-coke-taste-test-NnWahJqjSg6e6DUIzxkg_g.html ???
Liberty Posted July 21, 2012 Posted July 21, 2012 Don't judge before you've tried it ;) Blind taste tests with similar products aren't as easy as most people think... Even wine experts often fail tests comparing pretty different wines afaik.
ragnarisapirate Posted July 22, 2012 Posted July 22, 2012 Don't judge before you've tried it ;) Blind taste tests with similar products aren't as easy as most people think... Even wine experts often fail tests comparing pretty different wines afaik. Either Buffett has terrible taste detecting abilities or KO is the best marketing force on the planet. ;)
alpha231616967560 Posted July 22, 2012 Posted July 22, 2012 Freakonomics podcast on this topic: http://www.freakonomics.com/2010/12/16/freakonomics-radio-do-more-expensive-wines-taste-better/ There is a good reason that coca cola is one of the most valuable brands in the world: it pays to differentiate one sugary carbonated beverage from another almost identical one...
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