NewsBytes Stage
    Hindi
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi
    NewsBytes Stage
    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Career
    Visual Stories
    Find Cricket Statistics

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / World News / Warren Buffett takes on Donald Trump
    Next Article
    Warren Buffett takes on Donald Trump

    Warren Buffett takes on Donald Trump

    By Supriya
    Aug 02, 2016
    09:29 pm

    What's the story

    At a rally with Hillary Clinton, Buffett launched a scathing attack on Donald Trump for his reluctance to make his tax returns public .

    He implied that Trump exaggerated his success in business and had misled voters of his ability to tackle American economy's woes.

    Revered by investors, Buffett's criticism of Donald Trump's cuts deep and raises fundamental questions concerning Trump's credentials.

    Who said what

    Trump's record as a businessman

    Media mogul Michael Bloomberg, claimed Trump's blemished record included numerous bankruptcies and lawsuits by thousands of angry shareholders.

    Warren Buffett mocked Donald Trump for being a stock market disaster: Trump Hotel & Casino Resorts lost money every year after its IPO and over a span of 10 years lost $650 million.

    Trump's businesses declared bankruptcy 4 times in 25 years where creditors lost billions.

    Who

    Trump's character questioned

    Bill Gates announced a list of people who signed "Giving Pledge" to give a significant part of their wealth to charity; he remarked Donald Trump was not on the list as he wasn't known for his philanthropy.

    Mark Zuckerberg, co-founded an immigration reform group FWD. He has been openly critical of Trump's inward looking immigration policies as they distanced people and created fear.

    About

    Trump's competency questioned

    Mark Cuban, a self-made billionaire, was initially intrigued by a businessman as a Presidential candidate.

    However he recently attacked Trump's for his lack of in-depth knowledge of most issues discussed in a Presidential campaign.

    He accused Trump of being devoid of a vision and ridiculed him for being clueless and disinterested about technology in this hyper-connected day and age.

    Do you know?

    Mark Cuban

    Mark Cuban, owner of the Dallas Mavericks and a self-made billionaire, started his first business at the age of 12: he started selling trash bags door to door so he could make enough money to buy the shoes he wanted!

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest

    Latest

    Bangladesh Cricket Board pondering over Bangladesh's tour of Pakistan Bangladesh Cricket Board
    Why Virat Kohli's presence could lift India in England? Stats Virat Kohli
    Google Workspace accounts gain access to Gemini Live feature Google
    Adani Group deploys India's 1st hydrogen-powered truck in Chhattisgarh Adani Group
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025