Tuesday at at Fortune’s “The Most Powerful Women” summit, billionaire Warren Buffett predicted that Hillary Clinton will not only run but she will win the presidency in 2016.

Buffett said he was giving a direct qoute that Hillary will announce her candidacy “as late as possible.”

When asked if she will win Buffett said, “Hillary is going to win,'” he added, “I will bet money on it, and I don’t do that easily.”

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