Warren Buffett is betting against self-driving trucks

Warren Buffett is one of the most successful investors of all time with a net worth of USD$81.9b.

He recently purchased a company in North America, Pilot Flying J, which owns and operates over 750 truck stops across the USA. Warren said, “Trucks are going to be around for a long time.”

The US trucking economy – including drivers, manufacturers and truck-stop employees accounts for about 7.5 million jobs, according to American Trucking Associations.

Buffett isn’t concerned about automated trucks taking business away from truck stops. “It is not something that I’m going to lose sleep over.”

“Who knows when driverless trucks are going to come along and what level of penetration they may have,” Buffet said.

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