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Margin Debt Is Growing at its highest pace in over 20 years

• nabla9 5y ago
  Margin debt, shadow margin, taking loans against property in SF and buying stocks, ... As Warren Buffett said: 'You never know who's swimming naked until the tide goes out.' When margin calls start coming in, someday, those with huge leverage will be slaughtered. Those with cash buy stocks cents per dollar.
  • missedthecue 5y ago
    As we've recently seen, you don't even need the tide to go out to see who has been swimming naked. Archegos comes to mind, along with Greensill.