[2] After failing to secure a job in the family grocery business, he started a small stock brokerage firm.

In that election, Buffett was seen as "a Republican sacrificial lamb in Nebraska's second district when FDR was a popular wartime leader.

In 1952 Buffett decided against seeking another term and returned to his investment business in Omaha, Buffett-Falk & Co., in which he worked until shortly before his death.

According to Warren Buffett biographer Roger Lowenstein:'Unshakably ethical, Howard refused offers of junkets and even turned down a part of his pay.

'[4]Howard Buffett is remembered for his highly libertarian Old Right stance, having maintained a friendship with Murray Rothbard for a number of years.

"[9] Buffett was also "one of the major voices in Congress opposed to the Korean adventure,"[8] and "was convinced that the United States was largely responsible for the eruption of conflict in Korea; for the rest of his life he tried unsuccessfully to get the Senate Armed Services Committee to declassify the testimony of CIA head Admiral Roscoe H. Hillenkoetter, which Buffett told [Rothbard] established American responsibility for the Korean outbreak.

[6] Buffett wrote: When the American government conscripts a boy to go 10,000 miles to the jungles of Asia without a declaration of war by Congress (as required by the Constitution) what freedom is safe at home?

[6]In addition to non-interventionism overseas,[12] Howard Buffett strongly supported the gold standard because he believed it would limit the ability of government to inflate the money supply and spend beyond its means.