Warren Buffett's Berkshire Hathaway has had some steep share-price drops over the years. In his annual letter to shareholders, Buffett said the inability to time such declines is the strongest argument against using borrowed money to buy stocks. Warren Buffett used lines from Rudyard Kipling's "If" to illustrate what debt-free investors should keep in mind during market downturns. Warren Buffett's huge success as an investor has not come without its low moments. In his 2017...
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