"I knew how to read a contract by 10 years old, but I didn't know what it meant for somebody to come in and tell me they loved me and kiss me goodnight. That's a problem."

Next Quote

The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.

— Warren Buffett