How Warren Buffett Has Used Borrowed Money To Increase Investment ReturnsRupert Hargreaves
Warren Buffett likes to say he has never borrowed, nor ever will borrow, a lot of money.
For example, in 1991, Buffett was asked by a Notre Dame student about Donald Trump's money troubles. He said Trump failed because he borrowed too much:
"I've seen more people fail because of liquor and leverage – leverage being borrowed money. Donald Trump failed because of leverage. He simply got infatuated with . . .
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