Quote

I view derivatives as time bombs, both for the parties that deal in them and the economic system.

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
Party
Bombs
Time
Parties
View
Deal
Deals
Views
System
Economic
Derivatives

More quotes by Warren Buffett

Image
You are neither right nor wrong because the crowd disagrees with you.
Warren Buffett
Image
What the wise do in the beginning, fools do in the end.
Warren Buffett
Image
I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
Warren Buffett
Image
If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.
Warren Buffett
Image
I think the FDIC was one of the great inventions of the American.
Warren Buffett
Image
The Happiest people DO NOT necessarily have the BEST THINGS. They simply APPRECIATE the things they have.
Warren Buffett
Image
Investors should remember that excitement and expenses are their enemies.
Warren Buffett
Image
Banking is very good business if you don't do anything dumb.
Warren Buffett
Image
Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.
Warren Buffett
Image
I lose confidence in other people, all kinds of institutions.
Warren Buffett
Image
There is no substitute for a local newspaper that is doing its job.
Warren Buffett
Image
You don't ever ask a barber whether you need a haircut.
Warren Buffett
Image
There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.
Warren Buffett
Image
What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.
Warren Buffett
Image
Don't settle for anything other than your passion - if you're lucky enough to find it.
Warren Buffett
Image
I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
Image
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.
Warren Buffett
Image
In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
Image
Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
Warren Buffett
Image
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett