Avoid “Liquor, Ladies, and Leverage”, According to Charlie Munger and Warren Buffet

Explaining how your general appreciation may get killed

Source: AbsolutVision on Unsplash.

Every time you can turn a literal phrase into a beautiful metaphor, you take it. It’s likely that Buffet was being quite literal when talking about liquor and ladies, but many of his previous quotes actually reflect a lot of the…