In this urgent analysis, legendary investor Warren Buffett applies his decades of market wisdom to an unprecedented moment in American history. He breaks down the seismic political and financial implications of the third impeachment effort against former President Donald Trump and the parallel, historic discussions about invoking the 25th Amendment.

This isn’t just about politics; it’s a deep dive into systemic risk, institutional trust, and the long-term cost of constitutional fragility. Mr. Buffett explains why unchecked power is not strength, but a hidden liability, and how the erosion of civic capital impacts everything from your portfolio to the future of the republic. This is a masterclass in reading signals, not just headlines.