Warren Buffett Quotes About Weapons Of Mass Destruction

Quotes about: Weapons Of Mass Destruction

• Derivatives are financial weapons of mass destruction.

  Warren Buffett

  Mass Destruction, Investing, Weapons

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.78, John Wiley & Sons

• In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

  Warren Buffett

  Business, Mass Destruction, Views

• I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.

  Warren Buffett

  Country, Silly, Party

  "Warren Buffett opens his wallet for Piers Morgan and America" by Lateef Mungin, www.cnn.com. October 23, 2013.

• I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

  Warren Buffett

  Mean, Mass Destruction, Weapons

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

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