Derivatives Time Bomb

Warren Buffett, a.k.a. the Oracle of Omaha, a.k.a. one of the greatest investors of all time...coined the term. It refers to his warning of a hypothetical, all-hell-breaking-loose that would occur if the derivatives market suddenly crashed.

Buffett is not a particular fan of derivatives, deeming them too dangerous. And along with CMO leverage, the use of them almost cratered the financial system of the entire Western world in 2009. So...yeah, we get you, WB.