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The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. As with many other companies Newmont Corporation (NYSE:NEM) makes use of debt. But the more important question is: how much risk is that d...
>>> Read more: Is Newmont (NYSE:NEM) Using Too Much Debt?
>>> Read more: Is Newmont (NYSE:NEM) Using Too Much Debt?