Business, Legal & Accounting Glossary
An expression sometimes attributed to Warren Buffet who described derivatives as “financial weapons of mass destruction” that harbor latent dangers for the institutions that use them. The unbridled and unregulated use of derivatives in highly leveraged hedge strategies has the potential of creating massive selloffs should prices move against the strategies.
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This glossary post was last updated: 20th November, 2021 | 0 Views.