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the US can do to be more competitive Warren Buffett defends his investments in Wells Fargo and crap times I'm writers correspondent Trevor honey cut at the Berkshire Hathaway annual shareholders meeting in Omaha Nebraska Warren Buffett admits that Wells Fargo has made big mistakes in terms of its selling practices in the past few years %HESITATION but he still shows no sign of backing down from that bank or any other banks in the sector he told shareholders at this meeting that he's willing to invest more in banks and that he that people might see their ownership of banks drift higher in the coming years Warren Buffett also defended his investment in Kraft Heinz he said that his business partner in the deal that's three G. capital to Brazilian firm he said that they might be willing to do another deal with that company but the described himself as a card carrying capitalist in response to a question that he got here but he also said that he feels that capitalism should include ways that the system can take care of people who have been left behind by the system he didn't say too much about politics although he was asked directly %HESITATION he is a registered Democrat but he said that he'd be willing to vote for a Republican but he didn't want to say too much about politics because he felt that he might read misrepresent his companies