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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Softechie who wrote (24572)1/25/2002 10:44:41 AM
From: Steve Lee  Read Replies (2) of 99280
 
Hard to believe that people with net worths of tens of millions risk it by going on margin. If they are running their personal finances with that level of risk management, how solid are their business finances? I could understand margin backed up by cash net worth, but when the value of stock is all that stands between them and personal bankruptcy you would think they would be a little more careful.
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