Billionaire
Buffett praises socialist Sanders but sticks with Clinton
Send a link to a friend
[September 09, 2015]
By Luciana Lopez and Jessica DiNapoli
NEW YORK (Reuters) - Billionaire investor
Warren Buffett on Tuesday praised the presidential campaign of
self-proclaimed socialist Bernie Sanders, even though Buffett said he
still backs Democratic frontrunner Hillary Clinton.
|
"I think we all have lessons to learn from him (Sanders)," Buffett
said in an interview with Reuters.
"There are very few candidates that have - not just this election
but in past elections - that have campaigned like Bernie Sanders,"
Buffett continued.
"You know exactly what he feels on everything. He's articulate, and
he doesn’t go around knocking the other candidates."
Buffett, the head of sprawling conglomerate Berkshire Hathaway, is
known as the Oracle of Omaha for his investing acumen.
Upstart Sanders has been drawing increasing support and eroding the
lead of Clinton in the race for the Democratic nomination for the
November 2016 presidential election.
Nevertheless, Clinton still leads Sanders 43 percent to 28 percent
in a Reuters/IPSOS five-day rolling poll on Tuesday.
But Sanders has drawn crowds of thousands nationwide with his fiery
populism, including calls to break up big banks, increase social
safety nets and boost taxes on the rich.
[to top of second column] |
Buffett - the world's third-richest person, according to Forbes
magazine, with a personal fortune of $72.7 billion - said that while
he agrees with Sanders about the need to help those left behind by
the market economy, "I disagree with him very much on the production
side."
(Reporting by Luciana Lopez and Jessica DiNapoli; Editing by Cynthia
Osterman)
[© 2015 Thomson Reuters. All rights
reserved.]
Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|