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Leverage: No margin for error

Many Happy Returns

00:00

Using Leverage Early on and Getting Bigger Returns

Naked options, to me, if we go back to warren buffets, parable of swimming naked. So that's a naked call. The other description i've heard is picking up nichels in front of a steam roller. You know, it works for a while, but then, you know, eventually you could get wiped out. But the fundamental problem with investment is that when you're young is when you should have all your wealth to invest.

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