The MAIN Reason PRO, Rich, Genius Investors GO BROKE! - Billionaire Warren Buffett #shorts

Warren Buffett, in his speech at the University of Florida during the early 2000s, details the Remarkable Rise and Precipitous Fall of Massive Hedge Fund: Long Term Capital Management. Buffett cites the implosion as a testament to the PITFALLS OF LEVERAGE, an instrument that destroys even the greatest minds in investing. Considering the background of the management, which 1)collectively possessed hundreds of years of professional experience, 2) average IQs in the GENIUS range(Including two Nobel Prize Winners), 3)all committed NEARLY ALL personal money to the venture(skin in the game), Excessive Leverage ultimately crippled the hedge fund that seemed most poised to win.

Clip credit: University of Omaha

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[imeno-finance]

Warren Buffett, in his speech at the University of Florida during the early 2000s, details the Remarkable Rise and Precipitous Fall of Massive Hedge Fund: Long Term Capital Management. Buffett cites the implosion as a testament to the PITFALLS OF LEVERAGE, an instrument that destroys even the greatest minds in investing. Considering the background of the management, which 1)collectively possessed hundreds of years of professional experience, 2) average IQs in the GENIUS range(Including two Nobel Prize Winners), 3)all committed NEARLY ALL personal money to the venture(skin in the game), Excessive Leverage ultimately crippled the hedge fund that seemed most poised to win.

Clip credit: University of Omaha

Follow me here!
Twitter: li_nesbit
Instagram: Imenoacademy

[LeTonk]

Well if someone is allergic to something they would just say that thing because they don't want to die

[Tie]

Good thing for Elon Musk that he never saw this video.

[winterhusky]

the gun example was kinda bad. id risk playing russian roullete with a million chambers if paid enough probably