I doubt that it is possible to properly quantify how much capital there is, let alone to classify it. http://www.fintools.com/docs/Warren%20Buffet%20on%20Deriv

I doubt that it is possible to properly quantify how much capital there is, let alone to classify it. http://www.fintools.com/docs/Warren%20Buffet%20on%20Derivatives.pdf http://www.fintools.com/docs/Warren%20Buffet%20on%20Derivati... is nearly 20 years old, but Warren Buffet's criticism of how we account for the value of derivatives is as true today as it was then.