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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. As with many other companies New Hope Corporation Limited (ASX:NHC) makes use of debt. But should shareholders be worried about its use of debt?
What Ris...
>>> Read more: New Hope (ASX:NHC) Could Easily Take On More Debt
What Ris...
>>> Read more: New Hope (ASX:NHC) Could Easily Take On More Debt
