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Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. We note that The a2 Milk Company Limited (NZSE:ATM) does have debt on its balance sheet. But is this debt a concern to shareholders?
What Risk Does Debt ...
>>> Read more: a2 Milk (NZSE:ATM) Could Easily Take On More Debt
What Risk Does Debt ...
>>> Read more: a2 Milk (NZSE:ATM) Could Easily Take On More Debt
