Customer Quote by Felix Rohatyn
“The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.”
About This Quote
The speaker prefers to avoid derivatives, aligning with a value investing philosophy similar to Buffett's.
In simple terms: Avoid complex financial instruments.
Steer clear of risky derivatives.
Themes
Mood
Type
When to use this quote
- portfolio construction
- risk assessment
- financial education
Key Concepts
Questions to Reflect On
- What risks do derivatives pose to your portfolio?
- Can you find safe alternatives to achieve similar returns?