Jim Lebenthal
speaker
650 appearances
1 recordings
1 series
first heard Jul 2026
last heard 28 Jul
Jim Lebenthal’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Maybe.
I mean, there's been times where cryptocurrency has more than doubled in a year, but you don't know when that's going to come.
And you don't know how far down it's going to go in the first place.
And you might lose your nerve and sell the cryptocurrency or whatever the speculative investment is too early.
And now you're stuck with this enormous credit card debt.
This goes back to what we were talking about with Tesla.
You cannot get return without risk.
They go hand in hand.
So if you're going to do this using credit card debt, you really have to have guts.
And I don't think most people have it.
I don't recommend using leverage.
In fact, I wrote about this in my book, that leverage is really something dangerous, like riding on the outside of a subway.
Most people don't know how to handle leverage and they get called out.
They can get a margin call, for instance, when they least want to sell their securities.
So I recommend not using leverage.
But let me close this on a positive note.
There is room for speculation in anyone's portfolio.
You just have to keep it in really small size.
Speculation is basically buying a security on the presumption that somebody will buy it for you later at a higher price, even though there's no framework for valuation.
If you have a framework for valuation, you can say, this is worth a dollar.
Showing 321–340 of 650 · page 17 of 33
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