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Debt

" Debt can be a good thing if you are right, debt comes from overconfidence,
the more confident, less sense to issue equity and dilute your ownership of profits.
Humans can't be trusted, we are always overconfident, so go into debt more readily than we should .
"moderation" we don't now that moderation means, can express overconfidence with equity and not harm yourself too much " - Naseem Taleb

Can't count the umpteen times have craved for that extra debt to feed the splurge binge than dip into once equity and take a "hit" by just waiting. Yes I agree not all debt is bad but moderation is the name of the game.... And if you overdo don't expect of a bailout


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