Warren Buffet is one of the best investors in the world. But I think he has profited from war.
It is generally known that Buffet makes most of his money from the insurance business. I’m going to keep this this relatively simple. In the video below Buffet mentions profiting from a nuclear attack, he jokes about it with mentioning ‘derivative‘.
Most finance/quant people would agree with me that he actually could do this and get away with it. Below James Altucher explains what exactly did with the nuclear attack information.
It is not necessarily a bad thing. Look there is a demand and supply. Warren Buffet just knows how to place his bets. Nothing wrong with that.