As a supporter of Democrat Hillary Clinton in the 2016 presidential race, Buffett said he was disappointed by the election result. “I worked for Hillary. I raised money for Hillary. I voted for Hillary. I was disappointed when she lost.”
But Buffett argued, as he has in the past, that “this country will move forward [under Trump.] It is important that government functions well.”
“I won’t say if my candidate doesn’t win, and probably half the time they haven’t, I’m going to take my ball and go home,” he said.
Earlier on CNBC, Buffett said he does not think the economy feels like it’s growing at 3 percent, a level Trump and his administration have set as a goal for what they view as their business-friendly economic agenda of tax cuts and infrastructure spending.
Buffett, who turned 87 on Wednesday, said he’s lived through 15 of the 45 presidents.
“Forty-five presidents of the United States and I lived under a third of them,” he said. “I bought stocks under 14 of the 15. The first one was [President Herbert] Hoover. I was only 2 when he left so I hadn’t gotten active at that point. But [ Franklin Delano] Roosevelt was next. And I bought stocks under him, even though my dad thought it was the end of the world when he got elected.”
Buffett was in New York City on Wednesday for a private lunch with the winner of an annual auction to benefit Glide, a San Francisco-based homeless charity. The winner, who wishes to remain anonymous, paid $2,679,001.