Post #14823 by knighttof3 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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I figured it out later, it was about $3 USD. For a 12 oz can of coke.

As a partial apology for my previous post, here is a true story.
30+ years ago I landed in New York as an immigrant.
Since cats and dogs were unavailable, I decided to have a can of coke at the airport.
$2.55 IIRC. I thought nothing of it (despite having a grand total of $1600 and two bags of luggage to my name) because it was less than what I would pay in India (₹ 25, $3.125 at the official rate) for a can of coke.
Since then I have always narrowed my eyes suspiciously at anyone talking about purchasing power parity.

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