At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.
Warren BuffettThe true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
Warren BuffettIf AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.
Warren Buffett