Week #14 - Investing - No! - *Speculating* with Options and Futures, Shorting and Buying on Margin
Author(s): Paiano, Frank
College: Southwestern College
Subject: Banking and Finance
Here we are in week #14 and there are only 2 weeks left. Aye! We have finished with the most important and prudent types of investments. We are now ready to learn about Weapons of Financial Mass Destruction, a term coined by Warren Buffett to describe derivatives and other exotic -- and dangerous! -- financial instruments. Remember: Instruction about syphilis is not an instruction to get syphilis. The same is true of options, futures, shorting, and buying on margin.
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