Blow Quote by Seth Klarman
“Almost every financial blow up is because of leverage,”
About This Quote
Source Book: Margin of Safety, 1991
Leverage amplifies risk, making financial collapses more likely when over‑used.
In simple terms: Leverage increases financial danger.
Key Takeaway
Limit borrowing to manage risk.
Themes
finance
risk
leverage
collapse
Mood
cautious
analytical
Type
financial
educational
When to use this quote
- investment decisions
- corporate financing
- regulatory policy
Key Concepts
debt cycles
market volatility
risk management
Questions to Reflect On
- When is leverage justified?
- How can risk be measured accurately?
A Different Perspective
May restrict growth opportunities.
