Saturday, November 8, 2008

I've seen more people fail because of liquor and leverage - leverage being borrowed money. - Warren Buffett

One of the things you will find - which is interesting and people don't think of it enough - with most businesses and with most individuals, is life tends to snap you at your weakest link. The two biggest weak links in my experience: I've seen more people fail because of liquor and leverage - leverage being borrowed money.

No comments: