Current yields are too low, says Berkshire Hathaway chairman.
By Noah Buhayar|May 06, 2013 at 03:42 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said he isn’t investing in corporate debt, including Apple Inc.’s record offering, because yields are too low.
“We’re not buying corporate bonds of any kind now,” Buffett, 82, said Saturday during an interview with Bloomberg Television’s Betty Liu in Omaha, Nebraska, where Berkshire held its annual meeting. “Not at those yields.”
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.