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Warren Buffet calls Howard Schultz's potential White House run a 'real mistake'

Warren Buffet calls Howard Schultz's potential White House run a 'real mistake'
Dennis Van Tine/AP



Warren Buffet said Tuesday it would be a "real mistake" for former Starbucks CEO Howard Schultz to run for president.




"If he ran as an independent, I think he would take votes away from any Democrat," Buffett said.




Buffett said he would support former New York City Mayor Michael Bloomberg if he decided to enter the presidential race.



Billionaire Warren Buffet delivered a blow on Tuesday to Howard Schultz, saying it would be a "real mistake" for the former Starbucks CEO to run for president.
Buffett also threw his support behind Michael Bloomberg, the former mayor of New York City and founder of Bloomberg LP, as a potential 2020
"If he ran as an independent, I think he would take votes away from any Democrat, including [former New York City Mayor Michael] Bloomberg, if he were running, so I think it would be a real mistake for him to run," Buffett, the CEO of Berkshire Hathaway, said in an interview with CNBC's Becky Quick.
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