Warren Buffett's Berkshire Hathaway (BRK.B) boasts a record so good that it's made him one of the world's wealthiest people, with a $150 billion net worth. Since 1965, Berkshire Hathaway has produced a staggering compounded annual return of 19.

While Buffett said it is best for trade to be balanced between countries, he doesn't think Trump is going about it the right way with his widespread tariffs.

Warren Buffett, the famed billionaire inventor known as “The Oracle of Omaha,” offered sharp public criticism of President Donald Trump’s trade war as he announced he will be stepping down as CEO of Berkshire Hathaway.