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Monday, September 20, 2021

Warren Buffett Silent on Politics in Annual Letter to Investor


Warren Buffett stayed out of the political fray in his annual letter to investors.

He did not mention the words “election,” “President Trump,” or any Democrat running for President in his letter released Saturday.

Mr. Buffett been known to campaign for candidates, including Democrat Hillary Clinton in the 2016 Presidential election.

He’s said more recently, though, that he prefers not to use his position at Berkshire to promote his political views or to impose his political opinions on Berkshire’s business activities.

Now he is avoiding having Berkshire take a position on topics such as gun control, even as Bank of America Corp. (NYSE:BAC) said almost 2 years ago that it would stop lending to companies that make assault-style guns used for non-military purposes.

Have a terrific weekend

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