Smith Manoeuvre Wisdom
Myths about Leveraging into Equities – Part 1
For this post, I am borrowing heavily from Talbot Stevens, whose writing about leverage was inspirational to me since the early 1990s. I’ve always been fascinated by commonly held beliefs that just aren’t true. When you talk about leveraging into equities, there are many. Here are the most common myths:
Read MoreLeveraging into equities – The only source of wealth?
I was browsing through Forbes latest list of the 400 richest Americans and it occurred to me that they almost all made it there the same way. Basically, the ONLY way they made it super-rich is by leveraging into equities! Read more…
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