During the 2016 presidential election, it was absolutely no secret that Warren Buffett and Donald Trump weren’t exactly on the same page. In fact, Buffett openly criticized Trump during the campaign, challenging him to release his taxes and suggesting he was unfit for the role. Buffett campaigned actively for Hillary Clinton and donated money to her campaign. However, after the election, he publicly said that he would support any president of the United States.
Recently, in an interview on CNBC’s “Squawk Box” Buffett politely refused to offer any opinions or criticisms of President Trump’s actions. Buffett even went so far as to say that he wasn’t interested in engaging in regular criticism of the President.
“There isn’t much reason to,” Buffett said the interview. “He’s going to be president for four years. You want him to succeed.” Buffett went on to say that he would judge the President’s term by factors such as how the economy grows, how widespread the growth benefits are, and how safe the country remains. A daily criticism, Buffett said, wouldn’t get anyone anywhere. His policy, he stated, was to praise by name but criticize by group.
Of course, that isn’t to say that Buffett entirely agrees with the new administration or even President Trump. The billionaire investor went on to say that he didn’t really approve of Trump’s tendency to respond to criticism immediately via Twitter or other means. Waiting to reply is the smarter move, according to Buffett, for not only the president but anyone. Your opinion is likely to change within a few hours or days.
However, when asked if he would vote for President Trump in the 2020 election, as the President has already announced his intention to run, Buffett was cautious.
“Well, it depends on who he is running against,” Buffett said. “I would say it would be unlikely.”