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Legendary fund manager Li Lu (who Charlie Munger backed) once said, '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. We note that News Corporation (NASDAQ:NWSA) does have debt on its balance sheet. But the more important question is: how much risk is that debt creating?
What Risk Does Debt Bring?
Debt...
>>> Read more: News (NASDAQ:NWSA) Seems To Use Debt Rather Sparingly
What Risk Does Debt Bring?
Debt...
>>> Read more: News (NASDAQ:NWSA) Seems To Use Debt Rather Sparingly
