Codie SanchezFounder @ Contrarian Thinking

Smart men go broke three ways…

28 Mar 2024 · 0 min

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0:07

Short YouTube clip by Codie Sanchez quoting Charlie Munger: "Smart men go broke three ways: liquor, ladies, leverage," with the speaker emphasizing that Munger considered leverage the only one that truly matters. The video frames leverage as the primary financial risk leading to ruin.

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