Derivatives Warren Buffett Quotes

#1. The best parties have always been at my house in Ibiza. They start with a bit of music and a barbecue by the pool.

Jade Jagger

#2. The Old Vic is a beautiful theater to work in. It's quite a large house, but it has a feeling of intimacy.

Jennifer Ehle

#3. 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

#4. Everyday somebody dies... in combat, in war in battle... in game everwhere... so far nowhere is safety as you think.... I can tell you fom here what you think is wrong.... (What can you do about that??)

Deyth Banger

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

Warren Buffett

#6. 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

#7. In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

Warren Buffett

#8. We make choices and are in turn made by them.

Sheena Iyengar

#9. 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

#10. Derivatives are financial weapons of mass destruction.

Warren Buffett

#11. 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

#12. Swiss cheese model' of accidents. Imagine a series of safety

Tim Harford

#13. Writing is lonely. Until that moment you write your first character and suddenly you have company.

Eliza Green

#14. 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

#15. 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