Why liberal billionaire Warren Buffett is not likely to be a big fan of the war on stock buybacks
February 07, 2019 at 07:30 AM EST
Berkshire Hathaway chairman and CEO Warren Buffett has long supported liberal political causes and candidates, but it is not likely the billionaire would agree with the new war against stock buybacks that Democratic senators Chuck Schumer and Bernie Sanders want to wage. Buffett has argued many times that stock buybacks are an important investment option for corporations when managed properly.