Squawk Pod Reports: Berkshire Hathaway's Charlie Munger 2/16/23
Squawk Pod
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Is Leverage the Least Evil of the Three L's?
The Buffett Partnership used leverage regularly every, every year of its life. Ben Graham's name for that type of investment was called them Jewish treasury bills. So is leverage the least evil of the three L's? I think most people should avoid it,. But maybe not everybody need play by those rules.
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