Warren Buffett Says Reaching for Yield Is ‘Stupid,’ But a Human Impulse
Warren Buffet, chairman and chief executive officer of Berkshire Hathaway Inc. (Photographer: Houston Cofield/Bloomberg)

Warren Buffett Says Reaching for Yield Is ‘Stupid,’ But a Human Impulse

(Bloomberg) -- Warren Buffett criticized companies including life insurers that respond to low interest rates by taking more risks, even as he acknowledged that the urge to seek better returns is n...
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