What Does Warren Buffett Really Think About President Trump's Tariffs? Not What You Might Have Seen on Social Media.
According to author and psychologist Robert Cialdini, appealing to authority is one of the top methods of persuasion. The idea is that people are more likely to believe something endorsed by someone they view as a trustworthy expert. When it comes to financial matters, few Americans carry as much weight of authority as Warren Buffett. The 94-year-old is an investing legend and one of the wealthiest people in the world. His nickname, the Oracle of Omaha, hints at the level of respect given to Buffett.It's not surprising, therefore, that some individuals choose to invoke Buffett's name in discussions of the hottest financial issue in the country right now: President Trump's tariffs. But what does Buffett really think about tariffs? It's not what you might have seen on social media.Continue reading
According to author and psychologist Robert Cialdini, appealing to authority is one of the top methods of persuasion. The idea is that people are more likely to believe something endorsed by someone they view as a trustworthy expert.
When it comes to financial matters, few Americans carry as much weight of authority as Warren Buffett. The 94-year-old is an investing legend and one of the wealthiest people in the world. His nickname, the Oracle of Omaha, hints at the level of respect given to Buffett.
It's not surprising, therefore, that some individuals choose to invoke Buffett's name in discussions of the hottest financial issue in the country right now: President Trump's tariffs. But what does Buffett really think about tariffs? It's not what you might have seen on social media.
