BILLIONAIRE investor Warren Buffet snapped up shares worth £9.5 billion after Donald Trump’s election win despite backing Hillary Clinton in the race or the White House.
In an interview with talk show host Charlie Rose, Mr Buffett suggested his company Berkshire Hathaway’s post-election stock purchases overall were even higher, reflecting stocks that his deputies Todd Combs and Ted Weschler bought.
He said: ”We've, net, bought $12 billion of common stocks since the election.
"The guys that work with me, the two fellows, they probably bought a little bit or sold a little bit too."
Market analysts said the speed with which Berkshire is buying stocks was unusual.
In the three months since Mr Trump’s stunning victory Mr Buffet and his colleagues have invested half of their total spend in the previous three years.