All investors in the Berkshire Hathaway conglomerate may be at risk as a result of links to the Bill and Melinda Gates Foundation, according to the important conservative advocacy group. The remark also makes reference to infamous late billionaire Jeffrey Epstein.
Conservatives called for Buffett to be removed, here’s why
According to yesterday’s Bloomberg story, on May 5, 2023, activists from the National Legal and Policy Centre in Northern Virginia will that Warren Buffett be removed as chairman of Berkshire Hathaway. The statement claims that his collaboration with Bill Gates in the area of charity may alienate certain investment groups.
The conservatives emphasised how Buffett violates the rules of neutrality and becomes involved in political processes by working with Bill Gates.
The message also referred to the suspected connections between Jeffrey Epstein and Bill Gates. Media reports claim that infamous financier and accused human trafficker met with Bill Gates and may be handling his money.
It should be mentioned that the legendary nonagenarian investor resigned from his role as a trustee in BMF, citing a lengthy period of inactivity.
From “rat poison” to “gambling token”
Additionally, the CEO and chairman of Berkshire Hathaway should hold different posts, according to the opinion of the largest pension fund in the United States, CalPERS.
The 92-year-old, who individually owns 31.5% of the vote and opposes sharing his executive powers, will, nevertheless, not be simple to overthrow.
As previously reported by U.Today, Buffett is one of the most knowledgeable and vehement detractors of Bitcoin (BTC) and cryptocurrencies in general. Five years ago, in May of that year, he gave his now-famous interview and criticised the biggest cryptocurrency, calling it “rat poison squared.”
He recently referred to Bitcoin (BTC) as a symbol of gambling with no fundamental value. He is definitely not Berkshire Hathaway’s lone sceptic. Charlie Munger, his 99-year-old right-hand man, frequently emphasised that the price of Bitcoin (BTC) will drop to zero and expressed his wish that cryptocurrencies had never even been created.
Additionally, two weeks ago, Tracy Britt Cool, a former assistant to Warren Buffet, compared cryptocurrencies to “digital tulips,” evoking the tulip fever that swept the Netherlands in the middle of the 1630s.
