Kolanovic Takes On Buffett Over Recent Comments

Marko Kolanovic vs Warren Buffett: When Warren Buffett speaks, some in the derivatives industry tend to wince at the sound of his voice like nails on a chalk board. This is particularly the case when his overly optimistic view of the world paints a dangerously rosy picture that ignores important facts. In a research note out late last week, JPMorgan’s quantitative and derivatives strategy leader, Marko Kolanovic, while providing opinion on the current market direction, took issue with an assertion Buffett made about babies being born in America being the luckiest crop in history. The most recent report came as Kolanovic's last report pointed out that ignoring his warnings might not be the best strategy, as it said a...