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There are three ways to go broke: ‘liquor, ladies and leverage’– Warren Buffett

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Warren Buffett believes investors should avoid using borrowed money to buy stocks. “It is crazy in my view to borrow money on securities,” he told CNBC on Monday. “It’s insane to risk what you have and need for something you don’t really need. … You will not be way happier if you double your net worth.” In […]

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