Friday, November 11, 2016

Warren Buffett's Post-Election Views

New interview of Warren Buffett by Poppy Harlow, from CNN.

The topic is the economy, and the world, after the election of Donald Trump as president.

Buffett has his concerns; he supported Hillary Clinton, and it is clear that he would have preferred that we had her finger on the nuclear button rather than Trump's.

On balance, however, Buffett is reasonably optimistic. He compares Trump to Harry Truman. Truman was not a great businessman, yet he still made a very good president.

Worth watching.

POSTSCRIPT of March 12, 2017: I was holding back my own views when I wrote this. Buffett's optimism after the election, which I do not share, surprised me.