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The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says '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 Sandfire Resources Limited (ASX:SFR) does have debt on its balance sheet. But should shareho...
>>> Read more: Sandfire Resources (ASX:SFR) Seems To Use Debt Rather Sparingly
>>> Read more: Sandfire Resources (ASX:SFR) Seems To Use Debt Rather Sparingly
