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Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

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  Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump as a case in point. What Happened: Buffett, during a 1991 Q&A session, was questioned by a Notre Dame student about Trump's business difficulties.


The article from MSN Money discusses Warren Buffett's perspective on debt and his comments on Donald Trump's financial strategies. Buffett, known for his cautious approach to debt, contrasts sharply with Trump's more aggressive use of leverage. Trump has historically utilized debt to finance his real estate ventures, often leading to high-risk situations, including multiple bankruptcies. Buffett, in a recent interview, highlighted that Trump's approach to money management, particularly his heavy reliance on debt, was not something he would emulate, stating, "Trump never went right." This critique comes in the context of Buffett's own philosophy of maintaining a strong balance sheet and avoiding excessive debt, which he believes leads to more sustainable business growth and stability.

Read the Full Benzinga Article at:
[ https://www.msn.com/en-us/money/news/warren-buffett-on-debt-and-donald-trump-s-money-moves-trump-never-went-right/ar-AA1AzcIc ]