"leverage" isn't magical free money to gamble with. some asset is used as collateral banks using leverage is "evil" because their "assets" are all the houses in the neighborhood per the willingly signed contracts by everyone
Show this thread
-
it's like if a supermodel starves to get low levels of fat and then faints on the runway and dies except it was her parents who kept fat shaming her and needing her to bring in the $$ for the family
Show this thread
"leverage" in the psychological sense means to hold nothing back. to be "all in" and reject diversity in that sense, buying something "safe" like index funds is a kind of leverage b/c "in the long run it'll always go up so put all your money in one"
