Warren Buffet — chief executive officer of Berkshire Hathaway (NYSE:BRK.A) and long considered one of the top investors in the world — has finally joined Twitter. Just do not expect him to announce his successor in less than 140 characters via the social media site. Fortune reported that on May 2, Buffett tweeted for the first time. The financial mogul’s first tweet? “Warren is in the house.” (Buffett’s Twitter account is @WarrenBuffett and is verified by Twitter.)
Buffett’s tweet came during a Q&A with Fortune about women in leadership positions. He also answered questions that Twitter asked him by tagging their tweets with the hashtag #FortuneBuffett. As of now, Buffett has sent a total of two tweets. His second tweet links to an essay he wrote on “why women are key to America’s prosperity.” Buffett already has nearly 380,000 followers on Twitter and his first tweet has been re-tweeted more than 40,000 times already.
Buffett is not the only highly influential American to recently join Twitter. Former President Clinton sent his first tweet on April 6 – albeit after some “help” from television personality Stephen Colbert — and has already amassed more than 600,000 followers. (President Clinton’s Twitter is @billclinton and is verified by Twitter.) Does Buffett and President Clinton joining Twitter mean that social media has finally come of age for older, more influential people who are less keen on the Internet in general than younger people? The evidence points to that.
If anything, the recent hacking of the Associated Press’s Twitter account — which was used to spread a false tweet that send the stock market plunging momentarily, as reported by USA Today – highlights just how important social media has become in the past couple of years. Twitter offers nearly instantaneous access to information from reliable sources — unless of course, the source’s Twitter account has been hacked, though that is a rare occurrence and Twitter has taken steps to prevent that happening in the future.
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