“Oracle of Omaha

Yesterday, a great capitalist known as the “Oracle of Omaha,” and greatly revered in business circles in the US, made comments about recent US tariffs. Here are some unedited paras from a CNBC report quoting his comments. These comments are really prescient and speak to the real crux of the matter, see especially the bolded comments. And I think about this situation in terms of the “Star Wars” movie franchise in which a galactic conflict takes place in which all the smaller republics fight against one big “evil empire.” The comments follow: *Warren Buffet on tariffs:* "Trade should not be a weapon," "I do think that the more prosperous the rest of the world becomes, it won't be at our expense, the more prosperous we'll become, and the safer we'll feel, and your children will feel someday." Trade and tariffs "can be an act of war," added the legendary investor. "And I think it's led to bad things. Just the attitudes it's brought out." *"It's a big mistake, in my view, when you have seven and a half billion people that don't like you very well, and you got 300 million that are crowing in some way about how well they've done - I don't think it's right, and I don't think it's wise," Buffett said.* "The United States won. I mean, we have become an incredibly important country, starting from nothing 250 years ago. There's not been anything like it."