19 May 08 World’s Richest Man Endorses Obama
Warren Buffett has formally endorsed Obama for President. After voicing support for Obama, Buffett nonetheless noted the US economy had managed to do “awfully well” despite a depression, two world wars and many financial crises.
“They say in the stock market … buy stock in a business that’s so good that an idiot can run it because sooner or later one will,” he added.
“Well, the United States is a little like that. We can take a little mis-management from time to time,” Buffett said.
Reader's Comments
Leave a Comment
Mr. Buffet, Why do you support Obama? Are you like most people, against any woman being president? Hillary has been attacked constantly; whereas, Obama can’t be attacked because it’s racist?