Warren Buffett has voiced his apprehension regarding the escalating menace of nuclear weaponry, saying the prospect of Iran acquiring a bomb would heighten the risk of a dangerous conflict.
Buffett, the chairman and former CEO of Berkshire Hathaway (NYSE:BRK), speaking on CNBC’s “Squawk Box” on Tuesday, cautioned that the growing number of nuclear-armed nations is fundamentally altering the global risk scenario. He specifically highlighted the escalating geopolitical tensions involving Iran and North Korea.
“Just think of how you’d feel with North Korea having it and Iran wanting to get it,” the billionaire investor said. He also warned about the risks of a nuclear-armed leader acting under personal or political pressure.
“The most dangerous thing is, actually, somebody that’s got their hand on the switch, who is dying themselves, or is facing enormous embarrassment,” Buffett said.
The 95-year-old has consistently expressed his concerns about nuclear proliferation, believing that the spread of nuclear capabilities heightens the chances of a catastrophic event. …Full story available on Benzinga.com
Silicon Valley flocks to D.C. for a share of Trumps war boom
...
Read moreDetails