Leverage is essentially borrowing money to increase your returns. LTCM (Long Term Capital Management) was a hedge fund started by John Meriwether in the 90’s. This fund used leverage as a way to make incredible returns for investors… Until it went bust. Tune in to this episode to learn about the LTCM story and what went wrong. I’ll also cover 2 non-financial ways to use leverage in your daily life. 

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This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.