TIP484: How Warren Buffett Became the Greatest Investor to Ever Live (Part 2)
We Study Billionaires - The Investor’s Podcast Network
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The Hidden Dangers of Financial Innovation
This chapter examines the influence of low-interest rates after major economic events such as the tech bubble and 9/11, encouraging extensive borrowing and the rise of risk-laden financial products like CDOs. Warren Buffett's critical view on these 'toxic' investments underscores the hidden perils they present in the financial landscape.
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Transcript
