Kamala Harris or Donald Trump: who is Warren Buffett betting on?

Kamala Harris or Donald Trump: who is Warren Buffett betting on?

October 25, 2024 – 14:58

In the last few hours, the version emerged that “The Oracle of Omaha” had positioned itself regarding Kamala or Trump. But Berkshire Hathaway, the conglomerate led by Warren Buffett, came out to clarify the situation with a statement.

Buffett is one of the most successful and important investors in American history.

Every time Warren Buffett The market speaks, it hears. And even more so if it does so in the run-up to an event as momentous for the financial world as the elections in the United States. These elections will take place on November 5, and two completely different models will face each other: Kamala Harris and Donald Trump.

Buffett is one of the most successful and important investors in American history. His estimated net worth is close to $145 billion, placing him ninth on Bloomberg’s list of billionaires. Therefore, the fact that he takes a stand is not minor.

In the last few hours, the version emerged that “The Oracle of Omaha” had positioned itself regarding Kamala or Trump. But Berkshire Hathaway, the conglomerate led by Warren Buffett, came out to clarify the situation with a statement.

“In light of the increased use of social media, there have been numerous fraudulent claims regarding Mr. Buffett’s endorsement of investment products, as well as his endorsement and support of political candidates. Mr. Buffett does not currently and will not endorse future investment products or political candidates,” they noted.

This statement comes at a time when several financial magnates and business leaders have expressed their public support for Republican candidate Donald Trump or Vice President Kamala Harris, the Democratic candidate.

Source: Ambito

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