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Financial investor Warren Buffett looks on during an announcement ceremony at Northwestern University in Evanston, Illinois, Jan. 28, 2015. Reuters

Warren Buffett drinks five cokes a day and eats like a child. The Berkshire Hathaway CEO said his unhealthy diet is highly strategic. “I’m one quarter Coca-Cola,” said Buffett, 84. “If I eat 2700 calories a day, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it everyday."

Buffett owns $16 billion in Coca-Cola stock through his company, according to Fortune. But that isn't why he drinks so much soda. “I have three Cokes during the day and two at night,” he told Fortune. “I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.”

Buffett said he drinks his soda with potato chips made by Utz, a Hanover, Pennsylvania-based snack maker. Buffett said he has considered buying the snack company. Sometimes he switches it up and eats dessert for breakfast. “This morning, I had a bowl of chocolate chip ice cream,” Buffett said.

Buffett is one of the richest men in the world. He has been the CEO of Berkshire Hathaway since 2001 with an accumulated fortune of roughly $67 billion. Earlier this week, Buffett signaled he was readying for an acquisition spree in Germany, Europe's biggest economy. He told Handelsblatt newspaper Wednesday that he liked German companies because of the regulatory and legal protection for investors. Last week, his company purchased Detlev Louis Motorrad-Vertriebs, a motorcycle apparel and accessories retailer in Germany.

"We are definitely interested in buying more German companies," he said, according to Reuters. "Germany is a great market: lots of people, lots of purchasing power and Germans are productive."

High rates of soda consumption are associated with numerous health problems, such as obesity, poor dental health, diabetes and cardiovascular disease -- which can ultimately lead to heart attacks, stroke and premature death. The average American consumes 45 gallons of soda each year, according to a 2011 study by Yale University.

“The main thing is excess calories,” Dr. Christopher Ochner, assistant professor of pediatrics and adolescent medicine at the Icahn School of Medicine at Mount Sinai, told FoxNews.com. “If everything else in their diet is equal, a person who has a can of Coke a day adds an extra 14.5 pounds per year, just from the calories alone.”