Derivatives Warren Buffett Quotes & Sayings

Marijuana is a proven medicine. — Tommy Chong

Derivatives are financial weapons of mass destruction. — Warren Buffett

When Charlie and I finish reading the long footnotes detailing the derivatives activities of major banks, the only thing we understand is that we don't understand how much risk the institution is running. — Warren Buffett

There is a way to play this game physically, but it's the mental part that's going to separate gold from silver and silver from bronze. — Lisa Fernandez

The beautiful thing about my intelligence is that it doesn't really come in one specific department. So even if something hasn't happened to me, I have information on how to get you through whatever you may be going through. — Tyrese Gibson

O wretched man, wretched not just because of what you are, but also because you do not know how wretched you are! — Marcus Tullius Cicero

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem. — Warren Buffett

We can have whatever it is that we choose. I don't care how big it is. — John Assaraf

The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty. — Warren Buffett

Fame is an empty noise. Let us put our ears to the centuries that have gone: we no longer hear anything; those who, at another time, shall walk among our urns, shall hear no more. The good - that is what we must pursue, whatever the price, preferring the title of a dead hero to that of a living coward. — Louis Antoine De Saint-Just

I prefer design by experts - by people who know what they are doing. — Donald Norman

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

When the warriors came out first from their master's hall, where had they hid their power? Where were their armour and their arms?
They looked poor and helpless, and the arrows were showered upon them on the day they came out from their master's hall.
When the warriors marched back again to their master's hall where did they hide their power?
They had dropped the sword and dropped the bow and the arrow; peace was on their foreheads, and they had left the fruits of their life behind them on the day they marched back again to their master's hall. — Rabindranath Tagore

The ones who keep giving you reasons why you won't succeed, are probably the ones who wish that you won't. Listen to your heart. Follow your dream. It is not a question whether your dream is impossible. It is a question of how badly you want it. — Rita Zahara

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous ... So we use lots of things daily that are dangerous, but we generally pay some attention to how they're used. We tell the cars how fast they can go. — Warren Buffett

I'm not crazy about oysters and offal and brains and stuff like that. It's vegetables that I really like. I worked in the River Cafe restaurant when it first opened, and I used to eat the leftover vegetables on the plates. They were so delicious. — Anna Chancellor

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal. — Warren Buffett

At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer. — Warren Buffett

Everybody's gotta learn, nobody's born knowing. — Harper Lee

The bride waits here," she said, running her hands along her hair, taking in her image but seeming to drift away. "This is the moment you think about what you're doing. Who you're choosing. Who you will love. If it's right, Eddie, this can be such a wonderful moment. — Mitch Albom

So the starting point and the basis of their liberal wails of anguish always and always is guilt. Guilt, guilt, guilt. — John Ringo

From this irritating reality comes The First Law of Corporate Survival for ambitious CEOs who pile on leverage and run large and unfathomable derivatives books: Modest incompetence simply won't do; it's mindboggling screw-ups that are required. — Warren Buffett

Art." Dauntra nodded. "Sure. I can't believe a guy gets paid to show off his goods, and people call it art. — Meg Cabot