Hi my friends,
Charlie Munger was: “There are only three ways a smart person can go broke: liquor, ladies and leverage.”
Liquor: Substance abuse and loss of personal control impair basic judgment.
Ladies: Destructive relationship choices or high-maintenance lifestyles drain resources and focus.
Leverage: Borrowed money and excessive debt that magnifies financial mistakes into total wipeouts.
$BTC
Have a nice day!
Charlie Munger was: “There are only three ways a smart person can go broke: liquor, ladies and leverage.”
Liquor: Substance abuse and loss of personal control impair basic judgment.
Ladies: Destructive relationship choices or high-maintenance lifestyles drain resources and focus.
Leverage: Borrowed money and excessive debt that magnifies financial mistakes into total wipeouts.
$BTC
Have a nice day!