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What's ironic is that the book goes to great lengths to explain this. The entire point of the book is: use leverage to grow assets. The alternative, not taking
by perrygeo 14d ago
What's ironic is that the book goes to great lengths to explain this. The entire point of the book is: use leverage to grow assets.
The alternative, not taking debt and using income to directly pay expenses, is literally called out as the "cash flow pattern of a poor person"!
Agree with his financial strategy or not, it's very clear that accumulating debt was part of the plan, not some failing of the plan.