Buffett on borrowing money for securities: "It's insane to risk what you have...for something you don't really need", "my partner Charlie says: there's only 3 ways that a smart person can go broke -- he says 'liquor, ladies and leverage'"

Buffett on borrowing money for securities: "It's insane to risk what you have...for something you don't really need", "my partner Charlie says: there's only 3 ways that a smart person can go broke -- he says 'liquor, ladies and leverage'" pic.twitter.com/k40VXaN9ly

— CNBC (@CNBC) February 26, 2018