Republican presidential primary candidate Vivek Ramaswamy is making all the right noises and has appealed to people with his rank-outsider status and eloquence. A report delved into the similarities the presidential hopeful shares with billionaire investor Warren Buffett.
Investment Theme: Ramaswamy and Buffett differ in being on either side of the political spectrum. The “Oracle of Omaha” has previously advised former President Barack Obama and then went on to support Hillary Clinton when she ran for office in 2015. However, he has in the past few years disassociated himself from politics. His recent apolitical stance stems from the worry concerning the potential impact his statements or views may have on his employees and shareholders.
Both Ramaswamy and Buffett apparently have common grounds. They are interested in bargain buys and worry about the intersection of business and social issues, Business Insider said in a report.
Buffett is known for his “value investing” strategy of buying good companies at the right ...