Warren Buffett: Reaching for yield is stupid, but very human скачать в хорошем качестве

Warren Buffett: Reaching for yield is stupid, but very human

Berkshire Hathaway's chairman and CEO Warren Buffett sat down with CNBC's Becky Quick to discuss the U.S. economy and his investment strategies. Billionaire Warren Buffett told CNBC on Monday that investors should not reach for yield beyond their risk-tolerance, even with interest rates so low and stocks seemingly like the only place to get a return. “If you need to get 3% and you can only get 1%, the answer is ... you should always adapt your consumption to your income,” the Berkshire Hathaway chairman and CEO said on “Squawk Box.” “Reaching for yield is really stupid. But it is very human,” he said, delivering sobering advice to folks near or in retirement. “People say, ’Well, I saved all my life and I can only get 1%, what to do I do? You learn to live on 1%, unfortunately.” “You don’t go and listen to some salesman come and tell you, ’I’ve got you some magic way to get you 5%,” he added. Individual investors and institutional investors alike are chasing yield and that could have major “consequences over time” on financial markets, Buffett warned. “It builds in slowing. People going crazy tech companies in the tech 1990s,” he said, referring to the boom and eventual bust of the dot-com bubble. “It can take a lot longer than you think. But eventually you get to midnight and everything turns to pumpkins and mice.” Buffett spoke from Berkshire Hathaway headquarters in Omaha, Nebraska, two days after the release of his annual letter on how its businesses performed. For more Warren Buffett, check out Squawk Pod: » Subscribe on Google Play: https://play.google.com/music/m/Imbb7... » Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... » Subscribe on Spotify: https://open.spotify.com/show/6zG3vq4... » Listen on Stitcher: https://www.stitcher.com/podcast/cnbc... For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=yo... » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBC TV