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Similar ideas to Types of Leverage
Financial leverage involves using other people's money to improve everyone's returns. The very rich had the confidence to take on some leverage to increase their upside if they succeeded.
We all have access to another form of leverage which can be the difference between in...
The oldest form of leverage is labor, which is people working for you. It is the worst form of leverage that you could possibly use.
You want the minimum amount of labor that allows you to use the other forms of leverage.
Capital is a powerful form of leverage. It c...
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