Warren Buffett says firms should prioritize profitability over ESG - Business Insider

Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual meeting weekend in OmahaMore companies and funds are moving toward environmental, social, and governance investments in a bid to curry public favor, but Berkshire Hathaway's CEO thinks such shifts should be driven by government policy.on wind turbines in Iowa, but Buffett admitted that the investment was driven by "the production tax credit we get.

Instead of companies deciding which social causes to back, the government should step in to promote select projects, Buffett added. Berkshireon wind turbines and related infrastructure in Iowa, according to the FT, but the investment was driven by "the production tax credit we get," Buffett admitted.

He's right. Simply put, belief does not require fact.

Thank god for common sense

coming from someone that has it is funny

it may be both ways if disscus it with shareholders befor do sub-investments or befor take from them money )

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Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett turned down a chance to buy Tiffany's - Business InsiderAfter the jeweler received a takeover bid from LVMH, it invited Buffett to make a counteroffer but he declined. I never understood the craving for shiny rocks!! I'm sure hes comforted by all his other billion dollar businesses
Source: BusinessInsider - 🏆 729. / 51 Read more »