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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (40730)11/22/2008 10:00:11 AM
From: gronieel4 Recommendations  Read Replies (1) of 42834
 
"The ONLY non permabear I know who saw it coming was Warren Buffett who called financial derivatives "weapons of financial destruction."

"...first quarter profits of Warren Buffett's Berkshire Hathaway fell by 64% because of $2 billion in losses from investments in derivative contracts -- some of the most irresponsible investments possible..."
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