The current market correction has taught me some good lesson I like to share with my blog readers. And ask your best investment lesson learned in this correction?
One has to identify at what valuation one is comfortable investing and then invest in the right stock at the right price and for the right time to make the most returns from the investment.
Good management knows the impact of debt and so they will never take more than the business can pay off. Not so good management won’t focus on how much the business can pay back but will decide on how much debt they need.