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Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead ...

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  • Business, economics, society 81.40%
    • Labor issues 71.43%
    • Companies, industries, organizations 28.57%
  • Science and technology 18.60%

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