The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.
Sentiment: NEGATIVE
When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
You need to understand the market, know how you can differentiate yourself in it, and grasp the price and the functional differentiation competitive points that are going to allow you to be disruptive.
Every now and then, markets behave like schoolchildren. They overreact, they run around like crazy.
There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.
You can't change the market; the market just is.
So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices.
The market turns out to be just one special case of collective decision-making.
Derivatives are a huge, complex issue.
Markets love volatility.
No opposing quotes found.