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Buffets Quotes - Are You Taking on Excessive Leverage?
Sally Kohn: For me, a this extreme focus on the hereand now. I i think there's a deep argument to be made that when you corrupt money basely,. move to a fiot world, the money's depreciating rapidly. You're playing in this fe out environment against people with these higher time preferences. The optimal strategy would be to be inactive ight, to be well capitalized. It's like being in a strong position not taking excessive riskit kind of like buffets with tem right?