Warren Buffett rejects endorsements, combats impersonators, advises low-cost index funds.

Warren Buffett, CEO of Berkshire Hathaway, has declared he will not endorse investment products or political candidates to combat fraud from impersonators on social media. In response, the company clarified on its website that any claims made using his name are false. Buffett, who is skeptical of cryptocurrencies, advises investors to consider low-cost index funds. This statement addresses concerns over deepfake technology and misleading endorsements during a contentious political climate.

October 23, 2024
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