<!-- mobian-agent-page publisher="time" canonical="https://time.com/4313935/warren-buffet-stock-market-2016-election/" -->

---
description: Warrren Buffett told American voters not to worry about the stock market or the economy
title: Warren Buffett Says It Doesn&#x27;t Matter Who Wins the Presidential Race
image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production
---

* [Business](/section/business/)  
## Business  

Update your preferences in [Account Settings](/account/preferences/)  
Close
* [Economy](/tag/economy/)  
## Economy  

Update your preferences in [Account Settings](/account/preferences/)  
Close

# Warren Buffett Says It Doesn't Matter Who Wins the Presidential Race


by 

[Susie Gharib and Stephen Valdivia / Fortune](/author/fortune/)


## Susie Gharib and Stephen Valdivia / Fortune


Update your preferences in [Account Settings](/account/preferences/)

Close

May 2, 2016 11:55 AM CUT

by 

[Susie Gharib and Stephen Valdivia / Fortune](/author/fortune/)


## Susie Gharib and Stephen Valdivia / Fortune


Update your preferences in [Account Settings](/account/preferences/)

Close

May 2, 2016 11:55 AM CUT

Warrren Buffett told American voters not to worry about the stock market or the economy. As far as the billionaire investor is concerned, it doesn’t matter whether Donald Trump or Hillary Clinton wins the presidency in November. He made these remarks to a packed arena of nearly 40,000 Berkshire Hathaway shareholders at the company’s annual meeting in Omaha, Nebraska.

He said the country is headed in the right direction, and “no presidential candidate or president is going to end it.”

For nearly six hours, Buffett fielded questions from journalists and shareholders on the stock market, future acquisitions, and the company’s succession plans. The annual event, known as “Woodstock for Capitalists,” attracted shareholders from around the globe, all looking for investment wisdom from the Oracle of Omaha.

_This_ [_article_](http://fortune.com/video/2016/04/30/berkshire-hathway-warren-buffett-2016-meeting/ "undefined") _originally appeared on_ [_Fortune.com_ ](http://fortune.com/ "undefined")

```json
[{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4313935/warren-buffet-stock-market-2016-election/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4313935/warren-buffet-stock-market-2016-election/"},"headline":"Warren Buffett Says It Doesn't Matter Who Wins the Presidential Race","datePublished":"2016-05-02T11:55:26.000Z","dateModified":"2026-02-22T17:11:05.272Z","description":"He thinks the stock market will do just fine","url":"https://time.com/4313935/warren-buffet-stock-market-2016-election/","keywords":["Economy"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Susie Gharib and Stephen Valdivia / Fortune"}],"articleSection":"Business","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/economy/","name":"Economy"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4313935/warren-buffet-stock-market-2016-election/","name":"Warren Buffett Says It Doesn't Matter Who Wins the Presidential Race"}}]}]
```
