LongHaul Posted July 28, 2016 Share Posted July 28, 2016 At this years Berkshire Annual meeting Buffett mentioned a large derivative mismarking. Anyone have any idea which one he was referring to? “Some of these things get so complicated they’re very hard to evaluate... I know one that’s so mismarked it would blow your mind, and the auditors I don’t think are necessarily capable of holding that behaviour in check,” he said. http://www.telegraph.co.uk/business/2016/05/01/warren-buffett-issues-a-fresh-warning-about-derivatives-timebomb/ Link to comment Share on other sites More sharing options...
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