For retail investors, borrowing to trade is not a great strategy. The market can be irrational in the short run, longer than you can stay solvent—even if you’ve made the right bets.
Rakesh Jhunjhunwala, who made more money on the stock market than almost anyone else, was sure 2 decades ago that India & its stock market were going to boom.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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