Warren Buffett has not endorsed Kamala Harris or Donald Trump, and made it clear this week he will not publicly back either presidential candidate.
“Mr. Buffett does not currently and will not prospectively endorse investment products or endorse and support political candidates,” reads a statement posted on Berkshire Hathaway’s website this week in response to fraudulent claims on social media about the investor.
The Berkshire CEO’s reticence may seem surprising as he’s previously thrown his weight behind Democratic presidential candidates. He organized fundraisers for Barack Obama in 2011 and stumped for Hillary Clinton in 2016, even walking on stage at a rally to hammer Donald Trump over his bankrupt businesses, reluctance to publish his tax returns, and rude treatment of others.
Yet the 94-year-old billionaire explained why he’s now keeping his mouth shut during Berkshire’s annual shareholder meeting in 2022. Buffett said he’d learned that “you can make a whole lot more people sustainably mad than you can make temporarily …