I just got home from my first-time meeting with a no-fee advisor.
livesoft wrote:livesoft wrote:If one isn't ready to lose capital, then one isn't ready to invest. They go hand-in-hand: Losses and investing. One cannot avoid losses if they invest.
So long as the expected return exceeds the borrowing rate, leverage is worthwhile.
placeholder wrote:Berkshire Hathaway is not a mutual fund of any sort.