the great unwind .....

Your Democracy - October 13, 2008 - 11:38pm

the great unwind .....

The rapidly growing trade in derivatives poses a 'mega-catastrophic risk' for the economy and most shares are still 'too expensive', legendary investor Warren Buffett has warned. 

The world's second-richest man made the comments in his famous and plain-spoken 'annual letter to shareholders', excerpts of which have been published by Fortune magazine. 


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