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Home Financial Derivatives are financial weapons of mass destruction.

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Derivatives are financial weapons of mass destruction.

Polly, November 28, 2014

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-Warren Buffett

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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

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

Polly

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