Warren Buffett predicted Hillary Clinton’s victory in the presidential elections of 2016

Warren Buffett predicted Hillary Clinton’s victory in the presidential elections of 2016

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Warren Buffett predicted Hillary Clinton's victory in the presidential elections of 2016

Billionaire investor Warren Buffett is convinced that Hillary Clinton will take part in the presidential elections in 2016 and win.

“She’s going to run,” – said Buffett, the head of the conglomerate Berkshire Hathaway Inc at the summit of the most influential women by Fortune magazine in California.

“Hillary will win” – says Buffett, and adds that “put money on it.”

According to the publication Forbes Buffett the third richest man in the world.

While Hillary Clinton, former Secretary of State, has not announced his intention to run in the presidential elections.

“It will make it as late as possible,” – said Buffett.

In addition, Buffett predicts growth of housing in the United States as young people creates a family and form their own households.

Index of Housing S & P fell by 5% in 2014, however, since the financial crisis of 2008, it added about 157%.

Buffett, whose Berkshire Hathaway owns a conglomerate of different types of business, from the production of ice cream and to insurance, also believes that the banks are no longer as profitable as had been before.

“The business, which had previously been very profitable, was just good,” – says Buffett on major American banks. The investment portfolio of Berkshire Hathaway has a respectable share of the shares Wells Fargo.

Ten or more years ago, the investor argued that the banks “are incredibly cost-effective.”