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Warren Buffett

Warren Buffett Denounces Fake Endorsements on Social Media

(BRK.A), (BRK.B)

With the rise of social media, false claims about Warren Buffett endorsing investment products or political candidates have increased. Buffett has clarified that he does not, and will not in the future, endorse any investment products or support political candidates.

Berkshire Hathaway issued the following statement:

In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. Buffett’s
endorsement of investment products as well as his endorsement and support of political candidates. Mr. Buffett
does not currently and will not prospectively endorse investment products or endorse and support political candidates.

© 2024 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

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