Warren Buffett, testifying today before the Financial Crisis Inquiry Commission, was asked by Commissioner Peter Wallison what he uses derivatives for. Mr. Buffett's reply: "I use 'em to make money. If I think they are mispriced, I buy them."
Buffett Before the Crisis Commission
https://www.futureofcapitalism.com/2010/06/buffett-before-the-crisis-commission
by Editor | Related Topics: Capital Markets Regulation, Warren Buffett receive the latest by email: subscribe to the free futureofcapitalism.com mailing list