Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway’s website, in an apparent effort to ward off people trying to capitalize on his reputation.
He told CNBC the statement resulted partially from a fake political endorsement on Meta Platforms’ Instagram social media platform. Buffett, a Democrat, has been a supporter of Democratic former President Barack Obama and Democratic former presidential candidate Hillary Clinton.
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