'This is the shareholders' money': Billionaire Warren Buffett argues that companies should stop making decisions based on their social beliefs
Warren Buffett, CEO of Berkshire Hathaway Inc, plays bridge as part of the company annual meeting weekend in OmahaMore companies and funds are moving toward environmental, social, and governance investments in a bid to curry public favor, but Berkshire Hathaway's CEO thinks such shifts should be driven by government policy.on wind turbines in Iowa, but Buffett admitted that the investment was driven by "the production tax credit we get.
Instead of companies deciding which social causes to back, the government should step in to promote select projects, Buffett added. Berkshireon wind turbines and related infrastructure in Iowa, according to the FT, but the investment was driven by "the production tax credit we get," Buffett admitted.
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