Berkshire says posts claiming Warren Buffett endorses Trump's economic policies are false

[Omaha Steve]

Source: Omaha World Herald

Erin Bamer Apr 4, 2025 Updated 1 hr ago

Berkshire Hathaway is denying claims made in a social media video that Warren Buffett endorses President Donald Trump's economic policies.

The statement from the Omaha-based conglomerate Buffett chairs was in response to a video circulating on various social media platforms, including on Trump's account on Truth Social. The video suggests Trump is intentionally crashing the market to lower interest rates and make things more affordable for the middle class.

The video also claims that Buffett "just said Trump is making the best economic moves he's seen in 50 years." But a Berkshire press release said these claims were false.

Buffett did not endorse Trump or any other political candidates in the 2024 election because of "numerous fraudulent claims" about his endorsements, according to a separate Berkshire press release.


Buffett

Read more: http://archive.today/FlqbZ

---

ORIGINAL link: https://omaha.com/news/nation-world/government-politics/article_d31ba377-8f39-4b01-aeaf-b7d61dda6487.html

[IA8IT]

1. Berkshire Hathaway has been moving to cash for a while. Mar 15 Fortune link

https://fortune.com/2025/03/15/warren-buffett-berkshire-hathaway-stock-market-correction-cash-pile-acquisitions/

After Warren Buffett sold $134 billion in equities in 2024 and is sitting on a $334 billion cash pile, one analyst said the “Oracle of Omaha” saw the current selloff coming. While it’s unlikely Buffett will make any big moves during the current market turmoil, some think he’ll look internationally or round out his insurance business.

[Johonny]

2. Warren took 300 billion out of the market

That is how confident he was in Trumponomics