回复:Gold is way better than WB's ,,,

回答: Gold is way better than WB's ,,,hercules0072012-05-07 18:08:01

Derivatives are financial weapons of mass destruction.
–Warren Buffet

And the derivatives are still out there at over $700 trillion dollars according to BIS, and are marked to model, not to market.

 

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He plays derivatives all the time -越王剑- 给 越王剑 发送悄悄话 越王剑 的博客首页 (60 bytes) () 05/07/2012 postreply 18:23:58

BRK's derivative activities seem to be winding down -rx300- 给 rx300 发送悄悄话 (814 bytes) () 05/07/2012 postreply 18:36:47

He was blindsided by huge derivatives when Birkshire Hathaway -Jeepster- 给 Jeepster 发送悄悄话 (733 bytes) () 05/07/2012 postreply 18:47:00

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