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Can Warren Buffett, the Oracle of Omaha, still see the future?
CNN
Warren Buffett's ability to pick investments that pay off over the long term has transformed him into a billionaire and made him the world's most famous investor. But as the planet heats up, his positions on the climate look increasingly short-sighted.
What's happening: At Berkshire Hathaway's annual meeting over the weekend, Buffett defended the company's decision not to release reports on how it's addressing the risks of climate change. He claimed that Berkshire (BRKA) has a good track record for investing in renewable energy through its utility businesses, and said it would be "asinine" to make all of the group's numerous companies become more transparent.More Related News