Mundra: Taking loans to invest is sophisticated speculation
Manish Mundra · Manish Mundra on Life-Changing Investing Habits and Pursuing Dreams in the most unconventional way · Feb 20, 2023 · at 19:02
Corporate executive and film producer Manish Mundra discusses investment risk management and warns against using debt leverage.
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“Taking loan is a very, you know, it's a sophisticated word of speculation. Because you speculate that, okay, if I have, let's say, one crore, and if I take a loan of four, I'll have a capital of five, now invest, and I'll make money to repay my loan, repay my interest, and also save money for me, and that's a very sophisticated form of speculation. And don't do that. I think it's not a good idea to do it.”
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