Leverage: The Silent Killer of Investment Portfolios

In this eye-opening episode, Thaon Simms and Dr. Matthew Preston break down the dangerous world of leverage—from Warren Buffett's brilliant insurance strategy to NCB's spectacular gamble that's now backfiring. 

How leverage can multiply your returns... and your losses 📈📉
Warren Buffett's genius insurance leverage strategy that made him billions
The exact mechanics of margin calls and why they destroy portfolios
NCB's risky Guardian acquisition and why it's unraveling now
The psychological traps that make leverage addictive
Real examples of leverage gone right and horribly wrong

🔗 Stay Connected & Get More Insights:
🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com
🐥 Follow us on Twitter: https://twitter.com/Limitless_pod
📷 Instagram: https://www.instagram.com/limitless_pod/
💰 Support the podcast: https://www.buzzsprout.com/1971039/support
💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount

📚 Chapters:
00:00 - 00:42 Introduction & The Power of Leverage
00:42 - 05:35 What Is Leverage? The Complete Breakdown
05:35 - 08:10 Margin Trading Explained With Real Examples
08:10 - 12:18 The Psychology Behind Leverage Addiction
12:18 - 16:15 Margin Calls: When Dreams Become Nightmares
16:15 - 22:22 The COVID Crash & Forced Selling Panic
22:22 - 27:07 Warren Buffett's Genius Leverage Strategy
27:07 - 33:46 Insurance Float: Leverage That Pays You
33:46 - 34:06 TransJamaica & Other Smart Leverage Plays
34:06 - 36:45 The Rick Guerin Story: Buffett's Lost Partner
36:45 - 37:17 Famous Leverage Disasters & Cautionary Tales
37:17 - 38:14 The Psychology of Money & Generational Trauma
38:14 - 46:20 NCB vs Guardian: The $250M Gamble Unraveling
46:20 - 53:30 The Bond Crisis & Collateral at Risk
53:30 - 56:24 Will NCB Survive? Worst Case Scenarios
56:24 - 58:08 Key Takeaways & Final Thoughts
58:08 - 59:06 What's Next for NCB Shareholders?

👍 If this episode opened your eyes to the dangers and opportunities of leverage, smash that like button and subscribe for more deep dives into Jamaican investing!

❓ What do you think will happen to NCB? Will they survive this leverage crisis or lose control of Guardian? Drop your predictions in the comments!

⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in companies discussed. Please consult a financial advisor before making investment decisions.