Derivatives are financial weapons of mass destruction.

Quote by Warren Buffett

Topics: Warren Buffett Quotes

Risk is a part of God's game, alike for men and nations.

Risk is a part of God's game, alike for men and nations.

The smarter the journalists are, the better off society is. For to a degree, people...

The smarter the journalists are, the better off society is. For to a degree, people...

There are 309 million people out there that are trying to improve their lot in...

There are 309 million people out there that are trying to improve their lot in...

The only time to buy these is on a day with no y in it.

The only time to buy these is on a day with no y in it.

Your premium brand had better be delivering something special, or it's not going to get...

Our favorite holding period is forever.

Our favorite holding period is forever.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather...

Look at market fluctuations as your friend rather than your enemy; profit from folly rather...

Time is the friend of the wonderful company, the enemy of the mediocre.

Time is the friend of the wonderful company, the enemy of the mediocre.

A public-opinion poll is no substitute for thought.

A public-opinion poll is no substitute for thought.

It's better to hang out with people better than you. Pick out associates whose behavior...

It's better to hang out with people better than you. Pick out associates whose behavior...

Why not invest your assets in the companies you really like? As Mae West said,...

Why not invest your assets in the companies you really like? As Mae West said,...

When you combine ignorance and leverage, you get some pretty interesting results.

When you combine ignorance and leverage, you get some pretty interesting results.

You do things when the opportunities come along. I've had periods in my life when...

You do things when the opportunities come along. I've had periods in my life when...

You see many stars at night in the sky but find them not when the...

You see many stars at night in the sky but find them not when the...

You know, people talk about this being an uncertain time. You know, all time is...

You know, people talk about this being an uncertain time. You know, all time is...

Risk is a part of God's game, alike for men and nations.

Risk is a part of God's game, alike for men and nations.

We always live in an uncertain world. What is certain is that the United States...

We always live in an uncertain world. What is certain is that the United States...

It takes 20 years to build a reputation and five minutes to ruin it. If...

It takes 20 years to build a reputation and five minutes to ruin it. If...

Judge a man by the reputation of his enemies

Judge a man by the reputation of his enemies

A reputation for a thousand years may depend upon the conduct of a single moment

A reputation for a thousand years may depend upon the conduct of a single moment