Tag: passive-income
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“There are three ways to go broke: liquor, ladies, and leverage” – Charlie Munger.
The article warns about the dangers of excessive leverage in investing, which can lead to forced selling during market downturns, exacerbating declines. It emphasizes the importance of caution, even for those not using leverage, as overleveraged markets can distort perceptions of market health. Investors are advised to remain vigilant and avoid overleveraging.
