𝑸𝒖𝒐𝒕𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒅𝒂𝒚 2025-07-02 𝑸𝒖𝒐𝒕𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒅𝒂𝒚 Charlie Munger once said “there are only three ways a smart person can go broke: liquor, ladies, and leverage”.