Warren Buffett defends doing business with gun manufacturers after questioner claims it’s at odds with everything he stands for (RGR, SWHC)

Warren BuffettAP / Seth Wenig

  • Warren Buffett, Berkshire Hathaway‘s CEO, said on Saturday that his personal views on gun control do not reflect the company’s thinking. 
  • “I do not believe in imposing my political opinions on the activities of our businesses,” Buffett told shareholders at the annual meeting. 
  • About two weeks after the Parkland, Florida high school shooting, Buffett said it would be “ridiculous” for Berkshire not to do business with gunmakers. 

Berkshire Hathaway CEO Warren Buffett defended his earlier remark that it would be “ridiculous” for the company not do business with gun manufacturers. 

Buffett was speaking on Saturday at Berkshire Hathaway’s shareholder meeting. CNBC anchor Andrew Ross Sorkin relayed a question about Buffett’s comments, made about two weeks after the fatal February 14 shooting at Marjory Stoneman Douglas High School in Parkland, Florida. According to the questioner, that Berkshire would associate itself with any company as long as it was not illegal seemed at odds with everything Buffett stood for. 

See the rest of the story at Business Insider

NOW WATCH: Wall Street’s biggest bull explains why trade war fears are way overblown

See Also:

SEE ALSO: ‘It didn’t produce anything:’ Warren Buffett uses $ 10,000 to demonstrate why buying gold is much worse than buying stocks

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.