The Importance of Leverage

By the late 90s, when you- I stopped. When you realized this, you stopped. You'd made about $900,000 for yourself. Depending on how you valued a little bit of property I owned, I was either a millionaire or not a millionaire. And my slogan leverage is for the very young applies to my own life. But I applied it by accident. I just started reading enough textbooks and my leverage came down. By sort of 1999, I could see fraud everywhere. And my particular one was at VoiceNet. They had told people that they had sold stuff to a Chilean telephone company. It took me ages to work out how to short it. The first thing I