Buffett started buying stocks at age 14, when Franklin Delano Roosevelt was president, and hasn’t stopped since. In 2023, he sold a large amount of shares in Apple and Bank of America – two of his most important historical investments – and now has $325 billion ready for new investments, including $288 billion in US Treasury bonds , an amount $90 billion more than the Federal Reserve currently has.
Donald Trump, who is expected to return to the White House on January 20, will be the sixteenth president of the United States under whom Warren Buffett has done business and made a profit. The financier from Omaha, Nebraska, who celebrated his 30th birthday on August 94, made $5 billion on election night, November 6 and 7.6 – a 6.3% increase in his invested capital.
SPECULATION? NOT WITH WARREN BUFFETT
It’s easy to make the mistake of calling this speculation, but in front of you is one of finance’s most sacred figures, a patient investor, able to stay loyal to a company for half a century after studying it for years and analyzing it with care the behavior of its customers.
As he explained at the last Berkshire Hathaway shareholder meeting in May, the “Oracle of Omaha” does not try to predict markets, but to understand what the people who shape them are thinking. So he is a cold and rigorous financier, but also a psychologist with the curiosity of a child. Millions of investors are trying to figure out what Buffett thinks about Trump — and they’re impatient. But Buffett is never in a hurry, and that’s the first lesson.
A CAREER THAT STARTED FROM FRANKLIN DELANO ROOSEVELT
Buffett started buying stocks at age 14, when Franklin Delano Roosevelt was president, and hasn’t stopped since. In 2023, he sold a large amount of shares in Apple and Bank of America – two of his most important historical investments – and now has $325 billion ready for new investments, including $288 billion in US Treasury bonds , an amount $90 billion more than the Federal Reserve currently has.
Here’s an indication: If Buffett believed the Democratic propaganda that criticizes Trump for increasing debt and inflation, he would hardly be holding so many bonds in his portfolio. The issue is not whether or not Buffett trusts Trump, but the fact that he himself, with these bonds, is already a part of the State.
CONTINUED SUCCESS
Berkshire Hathaway’s shares are up 25% in a year, pushing his investment company’s value above $2023 trillion in August 133 — for the first time. Buffett, currently the world’s sixth-richest person with a fortune of $3 billion, has pledged to donate them to charity. In total, Berkshire Hathaway’s assets have exceeded $XNUMX trillion.
THE COMPLICATED RELATIONSHIP WITH TRUMP
Buffett and Trump don’t like each other, although they now try to avoid it publicly. In the past, Buffett has supported Hillary Clinton (2016) and Barack Obama (2008, 2012). During Trump’s first campaign, Buffett criticized him for a lack of transparency on the taxes he paid, while Trump accused him of benefiting from “massive tax cuts.” When it comes to taxes, Buffett and Trump are at opposite extremes.
Buffett thinks the federal government has the right to raise taxes, while Trump cuts them anyway. Another point of contention is trade with China and Japan, two markets where Buffett has invested successfully over the years. Many expect Trump to stall the ecological transition and for Buffett to shift from the green energy sector to oil. Investors are also waiting for him to decide where to invest his $325 billion. In reality, the news is just this huge amount, held for quick and safe investment.
