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

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

Polly, November 28, 2014

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-Warren Buffett

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Derivatives are financial weapons of mass destruction.

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Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

Polly

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You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.

You do things when the opportunities come along. I’ve had periods in my life when I’ve had a bundle of ideas come along, and I’ve had long dry spells. If I get an idea next week, I’ll do something. If not, I won’t do a damn thing.

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