Warren Buffett: Trump Failed Leverage

Posted by admin on Monday, July 2, 2018

Warren Buffett Money Quote saying that he’s seen failure due to drinking or debt and that Donald Trump took on too much debt without the ability to repay his obligations. Warren Buffett said:

“I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. Donald Trump failed because of leverage. He simply got infatuated with how much money he could borrow, and he did not give enough thought to how much money he could pay back.” — Warren Buffett

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Categories: debt Tagged:borrow leverage pay warren buffett

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Warren Buffett: Trump Failed Leverage

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