Buffett's Gamble: $40 Billion Bet on Volatility
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Buffett is statistically dead according to most mortality tables by 2019. So, maybe the next CEO will go to Wall Street, bake up some tranches of this CDS crap, and sell it with a shit eating grin to governments and sovereign wealth funds all over the world.
Buffett's Gamble: $40 Billion Bet on Volatility [View article]
Memo to Warren: AmEx Preferred at 15%, Warrants at $12 [View article]