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Why investors should exercise restraint on debt

Moderate use of leverage should usually provide a good-enough return

©The Financial Times Limited 2020 May 9, 2024 / 12:22 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
As with so many aspects of investing, determining the proper amount of leverage has to be a function of optimising, not maximising.
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