Dear investors, I hope this letter finds you well. Today, we'll pull back the curtain on an often misunderstood and overlooked concept in investing: leverage. Whether you've encountered this term before or it's entirely new to you, we're going to delve into its intricacies, examine some real-world examples, and uncover its potential risks and rewards.
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Leverage in Investing: A Double-Edged Sword?
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Dear investors, I hope this letter finds you well. Today, we'll pull back the curtain on an often misunderstood and overlooked concept in investing: leverage. Whether you've encountered this term before or it's entirely new to you, we're going to delve into its intricacies, examine some real-world examples, and uncover its potential risks and rewards.