Warren Buffett has made it clear that he will not support any investment products or political candidates, according to a statement on Berkshire Hathaway's official website.
This decision was prompted by the increasing number of fraudulent claims that exploit his reputation, particularly on social media platforms.
The statement expresses concerns about the misuse of Buffett's name, specifically mentioning a false political endorsement on Meta Platforms' Instagram.
Although Berkshire Hathaway has not disclosed the specific endorsements that led to this warning, it emphasizes that Buffett will not participate in any endorsements, present or future.