Warren Buffett spoke with Joe Biden about America's opportunity to 'lead the whole damn world'

Berkshire Hathaway chairman Warren Buffett gestures at the start of a 5km race.REUTERS/Rick Wilking

  • Joe Biden says he and Warren Buffett recently discussed what they agreed to be America's unrivaled prospects.
  • "Just got off the phone with Warren Buffett, talking about how we have position unlike 50, 70, 80 years ago to lead the whole damn world in a way that no one else can," the Democratic presidential nominee told donors, according to Bloomberg.
  • "I will bet on America the rest of my life," Buffett, the billionaire investor who is CEO of Berkshire Hathaway, said at his company's annual meeting in May.
  • Buffett hasn't backed Biden for president, despite campaigning for Hillary Clinton in 2016 and tearing into Donald Trump at one of her rallies.
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Joe Biden spoke with Warren Buffett recently about America's global leadership and potential, the Democratic presidential nominee said during a virtual fundraiser on Wednesday.

"Just got off the phone with Warren Buffett, talking about how we have position unlike 50, 70, 80 years ago to lead the whole damn world in a way that no one else can," Biden told the group of Wall Street executives, according to Bloomberg.
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"There's no limit to America's future," the former vice president added.

Read more: Chewy cofounder Ryan Cohen lays out the crucial skills he learned from Warren Buffett and his father, and explains why he's all-in on Apple

Biden's comments echo the billionaire investor and Berkshire Hathaway CEO's relentless optimism about the country's prospects.
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"Nothing can stop America when you get right down to it," Buffett said at Berkshire's annual meeting in May. "I will bet on America the rest of my life."

Buffett hasn't endorsed Biden, despite supporting Democrats in recent years. He threw fundraisers for Barack Obama in 2011 and campaigned for Hillary Clinton in 2016, once taking the stage at a rally to blast Donald Trump's business career, excuses about his tax returns, and disrespectful treatment of others. Read more: UBS says investors need to diversify away from Big Tech — and shares 3 strategies that will them stay on top of the next phase of the market's recovery
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Buffett may have shied away from supporting Biden out of concern that Trump voters would boycott Berkshire's businesses, Yahoo Finance's Andy Serwer said on Wednesday. Buffett could be especially worried about a consumer backlash when the pandemic is already weighing on his company.

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