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Warren Buffett, Elon Musk, and other top investors and business leaders are ringing the inflation alarm. Here are their gravest warnings so far.
Warren Buffett, Elon Musk, and other top investors and business leaders are ringing the inflation alarm. Here are their gravest warnings so far.
Theron MohamedOct 30, 2021, 17:40 IST
Warren Buffett (left) and Elon Musk (right).Alex Wong/Getty, REUTERS/Rebecca Cook
Warren Buffett, Elon Musk, and other business leaders have issued inflation warnings.
Top investors including Bill Ackman and Paul Tudor Jones have flagged rising prices too.
Warren Buffett, Elon Musk, and other business leaders and investors have sounded the alarm on inflation in recent months.
Michael Burry, Jack Dorsey, and Paul Tudor Jones have also warned of accelerating price increases. They have overwhelmingly blamed the federal government, after officials pumped trillions of dollars into the US economy during the pandemic, failed to raised interest rates, and have delayed withdrawing support.
Here are the most striking warnings about inflation so far from 10 top investors and CEOs:
Twitter CEO Jack Dorsey
Kimberly White/Getty Images
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Bill Ackman
Hedge fund manager William Ackman of Pershing Square Capital Management smiles during an interview in New York September 27, 2010.
REUTERS/Shannon Stapleton
Paul Tudor Jones
Paul Tudor Jones, founder and CIO of Tudor Investment Corporation
REUTERS/Eduardo Munoz/File Photo
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Jeff Gundlach
2011 Jeffrey Gundlach co-founder and Chief Executive Officer and Chief Investment Officer of DoubleLine speaks at the 16th annual Sohn Investment Conference in New York May 25, 2011.
REUTERS/Jessica Rinaldi
Carl Icahn
REUTERS/Chip East
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Leon Cooperman
Jeff Zelevansky/Reuters
John Paulson
Reuters
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David Einhorn
REUTERS/Mike Segar
Mario Gabelli
Chairman and CEO of GAMCO Investors, Inc. Mario Gabelli speaks at the Reuters Global Investment Summit in New York
Thomson Reuters