CHO 0.00% $4.80 choiseul investments limited

cho, page-26

  1. 477 Posts.
    As far back as 2003, Mr. Buffett had warned that the complex securities at the center of today’s troubles — once so profitable, but now toxic — were “financial weapons of mass destruction.” These securities were engineered by the math quants on Wall Street, and in the interview Mr. Buffett expressed his disdain: “Beware of geeks bearing formulas.”

    This is great stuff, and classic Buffett.

    http://www.youtube.com/watch?v=ejIWp5E8_Fo

    Would love to see the full interview if anyone can find it.

    Just out of interest, Tiger, are you a Sydney-sider?
 
watchlist Created with Sketch. Add CHO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.