Billionaire Berkshire Hathaway CEO Warren Buffett said in an interview with CNBC that he believes Senator Elizabeth Warren bears too much anger towards Wall Street.
“I think that she would do better if she was less angry and demonized less,” Buffett said when asked what he thought of the Massachusetts Senator. “I believe in hate the sin, love the sinner, and I also believe in praising by name and criticizing by category.”
Warren, an outspoken critic of Wall Street and an advocate for financial reform, has a reputation for targeting regulators for being too lenient when holding Wall Street accountable for the role in played in the financial crisis.
“I do think it’s — I think it’s a mistake to get angry with your, with people that disagree with you,” Buffett said. “In the end we do have to work together… And it does not help when you demonize or get too violent with the people you’re talking to.”
According to Think Progress, Buffett’s opinion of Warren could be considered sexist. Studies have shown that women are more often described using negative words such as angry, bossy and pushy – the most frequent instances of this being college students describing female professors. Students who describe attributes of male professors more often use words such as knowledgeable and brilliant.
Warren’s strong defense of the middle class has gained support nationwide and even led a campaign to convince her to run for president. It has also, however, made her many enemies on Wall Street. “On Wall Street, Warren was regarded, says one bank vice-chairman, as 'the Devil incarnate,' and, according to another executive, a 'showboater,' who didn’t really know what she was talking about,” a 2011 Vanity Fair article said of Wall Street’s views on Warren.
Despite Wall Street’s apparent dislike of Warren, Buffett has proven to be a more liberal Wall Streeter – advocating for tax reform and specifically pushing for more taxes on the rich.
Photo Credit: thinkprogress.org, WikiCommons