Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem. - Warren Buffett

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Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

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About Warren Buffett

Warren Edward Buffett (born 30 August 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $113 billion as of June 2022, making him the world's fifth-wealthiest person.

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Also Known As

Also Known As: The Oracle of Omaha
Alternative Names: Warren Edward Buffett
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Additional quotes by Warren Buffett

Ben is now 75 and, like Gene Abegg, 81, at Illinois National and Louie Vincenti, 73, at Wesco, continues daily to bring an almost passionately proprietary attitude to the business. This group of top managers must appear to an outsider to be an overreaction on our part to an OEO bulletin on age discrimination. While unorthodox, these relationships have been exceptionally rewarding, both financially and personally. It is a real pleasure to work with managers who enjoy coming to work each morning and, once there, instinctively and unerringly think like owners. We are associated with some of the very best.

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