Quote

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Derivatives
Used
Investing
Many
Car
Years
Pay
Think
Dangerous
Thinking
Attention
Evil
Use

More quotes by Warren Buffett

Image
Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
Warren Buffett
Image
Our favorite holding period is forever.
Warren Buffett
Image
Never ask a barber if you need a haircut.
Warren Buffett
Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
Warren Buffett
Image
Don't settle for anything other than your passion - if you're lucky enough to find it.
Warren Buffett
Image
You need a lot of curiosity for a long, long time.
Warren Buffett
Image
Making money isn't the backbone of our guiding purpose it is the by-product of our guiding purpose.
Warren Buffett
Image
The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
Warren Buffett
Image
Learning how to live is much more important than learning how to make a living.
Warren Buffett
Image
We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
Warren Buffett
Image
I never invest in anything that I don't understand.
Warren Buffett
Image
All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
Warren Buffett
Image
No matter how great the talent or efforts, some things just take time.
Warren Buffett
Image
I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
Warren Buffett
Image
Investing is simple, but not easy.
Warren Buffett
Image
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
Warren Buffett
Image
I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
Warren Buffett
Image
You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.
Warren Buffett
Image
If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
Warren Buffett
Image
I don't read economic forecasts. I don't read the funny papers.
Warren Buffett