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Here’s Why Warren Buffett and Berkshire Hathaway May Change Their Investing Strategy With Donald Trump as President

Here’s Why Warren Buffett and Berkshire Hathaway May Change Their Investing Strategy With Donald Trump as President

It may seem like a bit much that a legendary company like Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), led by Warren Buffett, might change its investing strategy solely based on who is in the Oval Office, but he has already given a fairly clear answer on this subject. If there is such a change in strategy, it would be based on just one thing: taxes.

If Vice President Kamala Harris had won the presidency, there was a fairly high likelihood that the corporate tax rate would have been increased from its current 21%. Now that Donald Trump has won, the tax rate will almost certainly stay at most at the current 21% rate. So, how does that change Berkshire Hathaway’s investing strategy? It may not be in profit-taking mode anymore.

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