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Warren Buffett
Photo: Mark Hirschey (cropped) · CC BY-SA 2.0 · via Wikimedia Commons
InvestorPolitical leaning: CentristProfile last reviewed: 2026-07-28

Warren Buffett

Chairman, Berkshire Hathaway

Long-term value investing, immune to market euphoria. No faith in crypto — and nearly all of his fortune goes back to society.

Investor who led Berkshire Hathaway for six decades with a famously consistent long-term value philosophy. His skepticism toward cryptocurrency and his pledge to give away nearly all of his wealth make his public record one of the most stable among major figures.

Basis for the leaning assessment

Has endorsed Democratic presidential candidates including Barack Obama and Hillary Clinton, and proposed the "Buffett Rule" tax on the wealthy. His economic views remain strongly pro-market, and he is generally described as center-left.

Current Stances

Stances are editorial interpretations, always shown with the statements and actions they rest on.

Cryptocurrencyobserved 2014-03-142018-05-05

Skeptical of cryptocurrency

Has maintained since 2014 that Bitcoin and other cryptocurrencies have no intrinsic value.

Supporting statements & actions (2)
2014-03-14Interview

Stay away from it. It's a mirage, basically. (...) the idea that it has some huge intrinsic value is just a joke in my view.

On Bitcoin, after its first major price surge.

Source: CNBC interview

2018-05-05Speech

Bitcoin is probably rat poison squared.

At the first annual meeting after the 2017 crypto bubble.

"Rat poison squared" remains crypto Twitter's favorite thing to dunk on every bull run.

Source: Berkshire Hathaway annual meeting (via CNBC)

Investing Philosophyobserved 2008-10-162008-10-16

Committed to long-term value investing

Has maintained a contrarian, buy-and-hold philosophy for decades: buying when markets panic and turning cautious when they turn euphoric.

Supporting statements & actions (1)
2008-10-16Publication

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.

Published at the height of the financial crisis, disclosing that he was buying US stocks amid the panic.

Source: The New York Times op-ed, "Buy American. I'm Buying."

Philanthropyobserved 2010-06-162010-06-16

Pledged to give away nearly all of his wealth

Since the 2010 Giving Pledge he has publicly committed more than 99% of his wealth to philanthropy and has made regular annual gifts ever since.

Supporting statements & actions (1)
2010-06-16Publication

Pledged in "My Philanthropic Pledge" to give more than 99% of his wealth to philanthropy during his lifetime or at death.

Co-launched the Giving Pledge with Bill and Melinda Gates, calling on the wealthy to commit the majority of their fortunes to philanthropy.

Source: The Giving Pledge

Goals

Short-term

Complete the CEO transition to Greg Abel

Achieved

Announced at the May 2025 annual meeting. Abel took over as CEO in January 2026, completing the transition.

Declared: 2025-05-03Source ↗

Long-term

Give more than 99% of his wealth to philanthropy

Active

Pledged in the 2010 Giving Pledge. He has followed through with regular annual gifts of Berkshire stock.

Declared: 2010-06-16Source ↗

Consistency Tracker

Does each new statement or decision square with the record? Verdicts are not accusations: both sides of the record are presented so readers can judge for themselves.

Consistent

Earlier statement / action

2014-03-14Interview

Stay away from it. It's a mirage, basically. (...) the idea that it has some huge intrinsic value is just a joke in my view.

On Bitcoin, after its first major price surge.

Source: CNBC interview

Later statement / action

2018-05-05Speech

Bitcoin is probably rat poison squared.

At the first annual meeting after the 2017 crypto bubble.

"Rat poison squared" remains crypto Twitter's favorite thing to dunk on every bull run.

Source: Berkshire Hathaway annual meeting (via CNBC)

From "a mirage" in 2014 to "rat poison squared" in 2018, his position that cryptocurrency has no intrinsic value has been consistent.

Most-Cited Sources from Voterscommunity reading list

Articles readers attached to their poll votes as evidence. Only pages cited independently by two or more voters are listed.

  1. 1
    Liberal 7
  2. 2
    Liberal 4Conservative 2
  3. 3
    Liberal 4Conservative 2
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    Liberal 5
  5. 5
    Liberal 1Conservative 4
  6. 6
    Liberal 4
  7. 7
    Conservative 4

Most-Discussed Moments

The statements and actions that set social media on fire — top 2, in chronological order. Every entry links to its source.

  1. 2018-05-05Speech

    Bitcoin is probably rat poison squared.

    At the first annual meeting after the 2017 crypto bubble.

    "Rat poison squared" remains crypto Twitter's favorite thing to dunk on every bull run.

    Source: Berkshire Hathaway annual meeting (via CNBC)

  2. 2025-05-03Action

    Announced at the annual meeting that he would ask the board to have Greg Abel become CEO of Berkshire Hathaway at year-end 2025.

    Announced his retirement as CEO after six decades, while indicating he would remain chairman.

    The retirement announcement was the business story of 2025 — tributes flooded every platform.

    Source: Berkshire Hathaway annual meeting (via CNBC)

Timeline of Statements & Actions5 records, newest first

2025-05-03Action

Announced at the annual meeting that he would ask the board to have Greg Abel become CEO of Berkshire Hathaway at year-end 2025.

Announced his retirement as CEO after six decades, while indicating he would remain chairman.

The retirement announcement was the business story of 2025 — tributes flooded every platform.

Source: Berkshire Hathaway annual meeting (via CNBC)

2018-05-05Speech

Bitcoin is probably rat poison squared.

At the first annual meeting after the 2017 crypto bubble.

"Rat poison squared" remains crypto Twitter's favorite thing to dunk on every bull run.

Source: Berkshire Hathaway annual meeting (via CNBC)

2014-03-14Interview

Stay away from it. It's a mirage, basically. (...) the idea that it has some huge intrinsic value is just a joke in my view.

On Bitcoin, after its first major price surge.

Source: CNBC interview

2010-06-16Publication

Pledged in "My Philanthropic Pledge" to give more than 99% of his wealth to philanthropy during his lifetime or at death.

Co-launched the Giving Pledge with Bill and Melinda Gates, calling on the wealthy to commit the majority of their fortunes to philanthropy.

Source: The Giving Pledge

2008-10-16Publication

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.

Published at the height of the financial crisis, disclosing that he was buying US stocks amid the panic.

Source: The New York Times op-ed, "Buy American. I'm Buying."

Warren Buffett at a glanceAll people