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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. Importantly, Praemium Limited (ASX
PS) does carry debt. But should shareholders be worried about its use of debt?
When Is Debt A Problem?
Generally speaking, debt only becomes a real p...
>>> Read more: Is Praemium (ASXPS) A Risky Investment?
PS) does carry debt. But should shareholders be worried about its use of debt?When Is Debt A Problem?
Generally speaking, debt only becomes a real p...
>>> Read more: Is Praemium (ASX
PS) A Risky Investment?