Read? Insurance, Leverage, and Peace of mind.
This investment advice from Jeremy Grantham
If you borrow to invest, it will interfere with your survivability. Unleveraged portfolios cannot be stopped out, leveraged portfolios can. Leverage reduces the investor’s critical asset: patience.
Createwealth8888:
Two great attributes of an investor: Gut and Patience!
Why This Value Investor Is Thrilled By Higher Rates
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Wall Street scion Christopher Davis hung tough for 14 years as risk-free
borrowing pinched value stocks. Now that money costs money again, he’s
taking adva...
1 hour ago
If Gut Plus Patience is combined with Leverage, then will become supreme investor .
ReplyDeleteThe problem with Leverage is there is always a time factor. So you may be right but you are timed out. No price for being right. In fact you may have to pay a "penalty".
ReplyDelete