Politics Country October 24, 2024

Warren Buffett Declares No Political Endorsements

Warren Buffett announces he won't support any political candidates ahead of the US presidential election, aiming to clarify previous speculations about his endorsements.


Warren Buffett Declares No Political Endorsements

The renowned investor Warren Buffett, aged 94, has communicated through a statement on the website of his company Berkshire Hathaway Inc. that he will not endorse or support investment products or political candidates currently or in the future. This statement aimed to put an end to online speculation about his positions on these issues.

Buffett, known for his successful investments, previously supported Democratic candidates, such as Hillary Clinton in the 2016 presidential election when she competed against Donald Trump. However, on this occasion, he has not publicly shown his support for Trump's current opponent, Vice President Kamala Harris.

The statement highlights that due to the increased use of social media, multiple misleading claims about Buffett's support for investment products and political candidates have spread. Therefore, the magnate has decided to clarify his stance on the matter to avoid future confusion.