I view derivatives as time bombs, both for the parties that deal in them and the economic system.
Warren BuffettWhen forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren BuffettOutstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
Warren BuffettFailing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press
Warren Buffett