Tuesday, August 2nd, 2016

Warren Buffett rubbishes Donald Trump’s business genius

Narada Desk | August 2, 2016 6:57 am Print
The multi-millionaire said Donald Trump is just misleading American voters with his lies and false claims that have no substance in reality
Donald Trump: Republican front- runner for President

Well known investor and charity raiser Warren Buffett publicly rebuked US presidential nominee Donald Trump for not paying tax returns, and for claiming that he could bring changes in US with his business skills.

Warren Buffett said Donald Trump is just misleading American voters with his lies and false claims that have no substance in reality. Buffett, nicknamed ‘Sage of Omaha’, by admirers, joined Hillary Clinton today at his home town Omaha for her campaign.

He said any fool would have been more successful than Trump when he first came up with offers in 1990s to invest in stocks for his Atlantic City hotels. He added those who listened to Trump’s advice and decided to invest in his venture have lost all their money.

Buffet’s attack has now focused on the credibility of Trump as a successful businessman, an image he has been boasting in his campaigns, perhaps to cover up image as politically incompetent person, reported New York Times.

Buffett has now joined the league of billionaires like Michael R. Bloomberg and Mark Cuban, who raised serious doubts over the business genius of Trump. He rubbished Trump’s claims that he made “sacrifices” for the US by building many buildings and toiling hard.

He mocked Trump saying like the billionaire businessman, he also became wealthy. But, “I have not sacrificed,” he said at the rally.

Buffet also criticized Trump for his comments on the father of slain US captain, Khizr Khan, who had said Trump had “sacrificed nothing” for the country.

Buffett said, “How in the world can you stand up to a couple of parents who lost a son and talk about sacrificing because you were building a bunch of buildings?”

He reminded the crowd about a well known rejoinder to McCarthy by an accused, “Have you no sense of decency, sir?”

Trump has been campaigning in Ohio and Pennsylvania, and he is focusing his campaign on his anti-trade policies to woo the audience.