While many companies, in response to the anti-NRA rhetoric after the Parkland, Fla., school shooting, have vowed to quit offering group discounts to NRA members, billionaire investor Warren Buffett has taken the more logical route.
“I think what the kids are doing there is very admirable, but I don't think that Berkshire should say, ‘We’re not going to do business with people that hold guns,’” Buffett said during an interview for CNBC, a financial news network, earlier this week.
Nor would he stop the financial managers at Berkshire Hathaway from investing in gun companies, he said, though his class-A fund (stock symbol BRKA) does not currently hold any stock in gun manufacturers.
His reason was simple: “I don't believe in imposing my views on 370,000 employees and a million shareholders. I'm not their nanny on that.”
And there you have it. A legitimate business that provides a needed service should not be shunned just because public sentiment changes in response to a tragedy