Warren Buffett On Negative Interest Rates: Our Money Would Be Better Off In A Mattress (VIDEO)
While some remain hot on the policy, Buffett tells CNBC the new policy "distorts everything" and nobody has really gone through an extended period of law rates like these.
With negative interest rate policies, Buffett adds, his European funds "would be better off" in a big mattress. "Interest rates are like gravity in valuations," he says in our Video Of The Day. "If interest rates are nothing, values can be almost infinite."