When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.
ability buyer derivative
Carol Loomis
These are some quotes by American author Carol Loomis Journalist, who was born on June 25, 1929.
Quotes by Carol Loomis
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Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.