Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholders.
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"Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholders." — Charles Duhigg #moneywealth
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Not so long ago, companies that borrowed lots of money were considered risky, appropriate only…
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Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholders. — Charles Duhigg
About Charles Duhigg
Charles Duhigg was a Journalist from United States (1974–present).
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Who said "Not so long ago, companies that borrowed lots of money were considered risky, a…"?
This quote is attributed to Charles Duhigg, a Journalist from United States.
When did Charles Duhigg live?
Charles Duhigg lived from 1974 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.