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1994 Annual Meeting

Derivatives can be dangerous

Warren Buffett says derivatives could be a "recipe for trouble" because of the combination of "ignorance and borrowed money."

Mon, Apr 25 1994 • 9:00 AM EDT
More From 1994 Annual Meeting
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VIDEO04:37
1994 Annual Meeting Highlight Reel
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VIDEO00:00
Morning Session - 1994 Meeting
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VIDEO00:00
Afternoon Session - 1994 Meeting
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VIDEO00:00
"We don't think we can improve on this group"
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VIDEO03:01
"You judge management by two yardsticks"
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VIDEO03:25
How Berkshire holds onto its managers
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VIDEO01:27
Buffett's Blue Chip Stamps "wizardry"
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VIDEO01:44
"We look at what the market says is the utility"
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VIDEO02:16
Buffett and Munger's book recommendations
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VIDEO04:07
"We'd rather multiply by three than by pi"
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VIDEO03:51
"Charlie and I never have an opinion about the market"
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VIDEO00:00
Why Buffett prefers to buy entire businesses