| 18.03.2009 - Why derivatives still have their place |
| From Theaustralian.news.com.au: Seven years ago, Warren Buffet famously likened derivatives to "weapons of mass destruction". Today the billionaire investor is back in the derivatives game and making his own bets. The Berkshire Hathaway chairman revealed last month that the company was now party to 251 derivative contracts and applying long-term bets on a range of stock market indices and credit default swaps on individual companies. .... Full Article: Source |