> This is a bit disingenious, note that Buffet did not use leverage... In a way, but Buffet wasn't making those investments exclusively using his own money. Ef

> This is a bit disingenious, note that Buffet did not use leverage... In a way, but Buffet wasn't making those investments exclusively using his own money. Effectively there's a degree of implied leverage when you get a performance reward from investing other people's money.