Warren Buffett — "Derivatives are financial weapons of mass destruction."
Derivatives are financial weapons of mass destruction.
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More from Warren Buffett
"You do things when opportunities come along. I've had periods in my life when I've had a bundle of them come along, and I've had long dry spells."
"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."
"I don't look for things I can understand. I look for things I can't understand."
"If you don't find a way to make money while you sleep, you will work until you die."
"Diversification is protection against ignorance. It makes little sense if you know what you are doing."