Warren Buffett’s Berkshire Hathaway Ranks Among the Biggest Republican Donors in the MAGA Index, Even Though the Investor Backed Obama and Clinton (Business Insider)
Warren Buffett has proudly supported Democrats in recent years, yet his Berkshire Hathaway conglomerate is included in an exchange-traded fund that has “MAGA” as its ticker. The Point Bridge GOP Stock Tracker ETF invests in the 150 companies in the S&P 500 with the highest number of workers and political action committees (PACs) that have donated to Republicans in the last two election cycles. Its ticker is a nod to President Trump’s 2016 campaign slogan and rallying cry of “Make America Great Again.”
Warren Buffett has proudly supported Democrats in recent years, yet his Berkshire Hathaway conglomerate is included in an exchange-traded fund that has “MAGA” as its ticker. The Point Bridge GOP Stock Tracker ETF invests in the 150 companies in the S&P 500 with the highest number of workers and political action committees (PACs) that have donated to Republicans in the last two election cycles. Its ticker is a nod to President Trump’s 2016 campaign slogan and rallying cry of “Make America Great Again.”