Presidential election won’t derail economy, Warren Buffett says

OMAHA, Neb. — Investor Warren Buffett says choosing the next president will be important for the world, but it won’t derail the U.S. economy.

Buffett reiterated his confidence in the economy during an appearance on CNBC Monday. Over the weekend he spent several hours answering questions at Berkshire Hathaway’s annual shareholder meeting.

Buffett supports Democrat Hillary Clinton, but he says choosing the wrong president won’t damage the economy.

He says some of the country’s past presidents haven’t been great, but business has thrived over time.