• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments

by October 23, 2024
written by October 23, 2024

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media. So much so that Berkshire Hathaway made the rare move of adding a statement on the matter to the front page of its website.

The statement reads:

“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.”

The chairman and CEO of Berkshire elaborated to CNBC’s Becky Quick, saying: “I’m worried about people impersonating me and that’s why we put that on the Berkshire Web site. Nobody should believe anybody saying I’m telling them how to invest or how to vote.”

Buffett’s statement comes during a tense political season with a deadlocked presidential race between Vice President Kamala Harris and former President Donald Trump that’s divided big names on Wall Street and in Silicon Valley like Elon Musk, Bill Ackman and Mark Cuban. The New York Times reported Tuesday that Bill Gates is privately supporting Harris with a $50 million donation to a nonprofit backing her candidacy.

There’s also a broader concern about so-called deep fakes, using artificial intelligence to impersonate influential people for commercial gain or other uses with the image or videos looking closer and closer to reality because of advancements in the technology. For those familiar with the investment legend’s viewpoints, any endorsement by Buffett of an investing product or cryptocurrency would be met with skepticism since he famously shuns bitcoin and largely recommends that regular investors buy low-cost index funds.

But Buffett wants to make sure everyone knows he would never do something like that. His actions were triggered in part by a fake political endorsement on Meta’s Instagram that was brought to his attention.

“I don’t even know how to get on Instagram,” he told CNBC, adding he wanted to make sure people realize “anything they see with my image or my voice, it just ain’t me.”

— With reporting by Becky Quick and Lacy O’Toole.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Lindsey Graham demands ICC reveal details of probe into prosecutor Khan’s misconduct allegations
next post
Putin welcomes Iran, India, China to BRICS Summit to discuss ‘new world order’ to challenge the West

related articles

YouTube to pay $24 million to settle Trump...

October 1, 2025

Charlie Javice sentenced to 7 years in prison...

October 1, 2025

Video game maker Electronic Arts to be acquired...

October 1, 2025

Nearly 200,000 BMWs recalled over potential fire risk

September 30, 2025

Trump says U.S. will impose new tariffs on...

September 29, 2025

Former Fed chairs warn that removing Lisa Cook...

September 27, 2025

Amazon to pay $2.5 billion to settle FTC...

September 27, 2025

The charm of watching movies in theaters is...

September 25, 2025

Ben & Jerry’s co-founder resigns, claiming parent company...

September 18, 2025

LimeWire acquires Fyre Festival, asking ‘What Could Possibly...

September 17, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Bolton unleashes on Trump Ukraine policy days after FBI raid

    August 25, 2025
  • Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says

    July 18, 2025
  • June home sales slump as median sales price rises to $426,900

    July 24, 2024
  • Trump blasts Rep. Jasmine Crockett as ‘low IQ,’ jokes Somalia should ‘take back’ Ilhan Omar

    September 25, 2025
  • How a second Trump presidency could impact electric vehicles and clean energy policies

    July 25, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Kamala Harris to accept presidential nomination on final night of DNC

    August 22, 2024
  • After stinging election defeats, DNC eyes rural voters as key to 2026 midterm success

    January 31, 2025
  • Oil and natural gas: Oil is back on the positive side

    March 20, 2025

Recent Posts

  • Dems flirt with government shutdown threat despite past furor over spending cliff

    February 10, 2025
  • HUGH HEWITT: The return of Donald Trump for his second inaugural address

    January 20, 2025
  • Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off

    February 27, 2025

Editor’s Pick

  • Trump impeachment Dem pushes back on GOP concerns over possible role in assassination attempt probe

    July 26, 2024
  • Wayfair CEO likens home goods slowdown to 2008 financial crisis

    August 2, 2024
  • Israel releases conversations with Gaza residents amid criticisms of aid delivery system

    July 1, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock