Let me list a few if you have not come across them:
- Buffett, quoting partner Munger, says there are three ways to go broke: 'liquor, ladies and leverage'
- Buffett has one big investing lesson in this year's annual letter: Never borrow money to buy stocks
Look at how creative the titles are, maybe I should rename the article to "KPO decides to use leverage despite Buffett's warning". Hahahaha. Interestingly, for those that are unaware, Warren Buffett uses leverage too - Explaining The Secret Of Warren Buffett's Success: Double Leverage :)
Leverage is dangerous for many reasons. As one of Chinese saying goes, 没那么大的头，就别带那么大的帽子. The literal translation is "if you do
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