【转】
巴菲特1994年股东大会：
关于衍生品
And it — the ability to borrow enormous amounts of money combined with a chance to get either very rich or very poor very quickly, has historically been a recipe for trouble at some point.
从历史上看，借到巨额资金的能力加上很快变得非常富有或非常贫穷的机会，在某种程度上是造成麻烦的原因。
$伯克希尔-哈撒韦A(BRK.A)$ $贵州茅台(SH600519)$