Warren Buffett's New Twitter Account Is "in the House"

By An Phung
|  Thursday, May 2, 2013  |  Updated 2:18 PM EDT
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Warren Buffett's New Twitter Account Is "in the House"

Warren Buffett — known for investing in traditional media — has finally joined the ranks of new media.

The billionaire unveiled his new Twitter handle on Thursday during a speech. Buffett posted his first tweet at 12:20 p.m. ET and had amassed over 75,000 followers by Thursday afternoon.

The business mogul has shied away from investing in technology companies because he says he can't predict the future of those businesses the way he can with insurance or manufacturing companies.

Buffett says even though he may not understand Twitter well, he knows it can't be all bad because one of the company's co-founders is from his home state of Nebraska.

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