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A fake Warren Buffett Twitter account is spewing life advice—and it’s amazing

In this file photo from May 5, 2014, Berkshire Hathaway Chairman and CEO Warren Buffett laughs in Omaha, Neb. The San Francisco homeless charity that benefits from the annual auction of a private lunch with Warren Buffett hopes another buyer will be willing to pay more than $1 million for the privilege again this year. Already, Buffett has raised nearly $16 million for the Glide Foundation over the past 14 years. This year’s online auction starts Sunday and runs through 9:30 p.m. Central on Friday, June 6. (AP Photo/Nati Harnik)
AP Photo/Nati Harnik
Warren Buffett inspires a fact-check.
By Leah Fessler
Published Last updated This article is more than 2 years old.

Yesterday, a tweet from Warren Buffett caught my eye. “Advice for all the young people,” it read, followed by a 10-point list of directives:

Strange that Buffett, age 87, wrote his advice in all lower-caps. how millennial of him, i thought.

Strange that Buffett—who is the third-richest man in the world, and CEO of Berkshire Hathaway, the fourth most-valuable company in America, used no punctuation and had an unnecessary “the” in his header (which I realized, upon further inspection, was addressed to “the all the young people”). Whatever, this advice is so on-point, I thought.

Strange that Buffett, the so-called Oracle of Omaha famous for his frugality and his preference for simplicity in life and in his investments, would spell his name with only one “t” instead of two. But it was too late. Before I could even notice this final tip-off that something was amiss, I already had clicked retweet and directly shared Buffett’s (Buffet’s?) list with colleagues and several close friends.

The advice, it turns out, was from the (update 8/29: now suspended) Twitter account @warrenbuffet99, which quickly amassed roughly a quarter-million followers. The real Warren Buffett’s account is @WarrenBuffett, which has 1.43 million followers, is verified by Twitter, and has not yet issued a comment on the fake account.

Embarrassed, I immediately messaged my team: “I’m an idiot, this isn’t the real Warren Buffett! Disregard!” I then undid my retweet, alerted my friends, and slumped into my now significantly less-inspired young person’s swivel chair.

As it turns out, I shouldn’t feel too ashamed. At the time of this writing, nearly 300,000 other Twitter users have liked the life-advice tweet, and over 127,000 have retweeted it, many of them significantly more educated, famous, and wealthy than I. Another 500,000 people have liked the fake Buffett’s seven-point list of things smart people do:

Thousands more have liked and shared @warrenbuffet99’s subsequent tweets, advising the world to distance themselves from “gossipers” and “blamers,” to help and thank people daily, to tell your team you’re proud of them,  ignore people who criticize you, and to eat less sugar and meat.

Much of this advice is trite. Much of it also has been offered, in some way or another, by the real Buffett himself, with the notable exception of eating healthy—good life advice that Buffett famously ignores, preferring to subsist on things like Cherry Coke, peanut brittle, and hamburgers. (“I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old,” he once told Fortune. “It’s the safest course I can take.”)

Cliche as fake-Buffett’s career advice is, it hits a nerve because it’s simple, actionable, and fundamentally hopeful. And sad as it may be, many of us need to hear these messages because we perhaps struggle to believe in ourselves or our potential, and we hesitate to ask for help.

Putting aside all this fraudulence, we shouldn’t have to apologize for seeking out mentorship wherever we might find it. Regardless of who wrote this advice—urging us to be humble, to love openly, and to question our convictions actively—we’d be smart to follow it.

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