Broke Quote by Warren Buffett
“You can lose leverage, and it's the only way a smart guy can go broke.”
About This Quote
It warns that over‑leveraging can lead even intelligent investors to ruin, highlighting the danger of excessive debt.
In simple terms: Too much debt can ruin even smart investors.
Avoid excessive leverage.
Themes
Mood
Type
When to use this quote
- stock investing
- real estate
- business expansion
- personal finance
Key Concepts
Questions to Reflect On
- How much debt is acceptable for your goals?
- What safeguards can prevent over‑leveraging?
Leverage can amplify gains when managed wisely.