Warren Buffett's big life lesson to students: Don't borrow money like Donald Trump

[basquebromance]

"You really don't need leverage in this world much," said Buffett. "If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it."⠀

yeah! don't aspire to become the President of the United States, kids!

 

[JGalt]

Buffet wasn't really that smart, just lucky. It was only because of his association with two well-known security analysts Benjamin Graham and David Dodd) that he made his fortune.

That being said, any wealthy person who embraces socialism can't really be all that smart.

 

[mudwhistle]

"You really don't need leverage in this world much," said Buffett. "If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it."⠀

yeah! don't aspire to become the President of the United States, kids!

It must be difficult for a liberal to go one day without saying something nasty about Trump.

 

[JGalt]

"You really don't need leverage in this world much," said Buffett. "If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it."⠀

yeah! don't aspire to become the President of the United States, kids!

It must be difficult for a liberal to go one day without saying something nasty about Trump.

That would require a certain amount of intellect. Disparaging Trump is simply a reflex action

 

[mudwhistle]

"You really don't need leverage in this world much," said Buffett. "If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it."⠀

yeah! don't aspire to become the President of the United States, kids!

It must be difficult for a liberal to go one day without saying something nasty about Trump.

That would require a certain amount of intellect. Disparaging Trump is simply a reflex action

Meaning it's mindless and without thought.