&quot;But of course newspapers and grotty rags like to perpetuate this narrative that derivatives are going to blow up the world.&quot;<p>It&#x27;s no secret that Warren Buffet is strongly against these derivative products and considers them to be one of the most dangerous financial products in history.<p>So why is he &quot;perpetuating the narrative&quot; as you dismissively claim?<p>I want to bring him up because you&#x27;re hiding behind attacking the newspaper and &quot;rags&quot;, so let&#x27;s instead point to one of the most successful investors in modern history who agrees.<p>Why is he wrong? Please don&#x27;t hide behind dismissal and attacks, as a man of Warren Buffets caliber has proven through real world demonstration that he possess a vast understanding of these markets and products.