Leverage and Luck
“Give me a lever long enough, and a place to stand, and I will move the earth.” - Archimedes
In my 15 years as an investor, I have avoided leverage, it's a huge multiplier both on the upside and downside like a double-edged sword. Part of the reason to hate leverage was a lot of bad outcomes I saw for people who used leverage.
After doing my own studying …
Keep reading with a 7-day free trial
Subscribe to Tankrich to keep reading this post and get 7 days of free access to the full post archives.