Warren Buffett saw it before everyone else: Three things that can bring down billionaires

Warren Buffett warned of three things that can bring down billionaires: alcohol, women, and financial leverage. The warning returns to headlines following the resignation of Nvidia founder Jensen Huang amid reports of extramarital relationships.

Warren Buffett, one of the most successful investors in history, previously warned of three things that can bring down even billionaires: alcohol, women, and financial leverage. The warning, attributed to his late partner Charlie Munger, returns to headlines following the resignation of Nvidia founder Jensen Huang, who stepped down after reports of extramarital relationships, including a connection with a woman suspected of spying for China. Buffett emphasized in a 2018 interview that the real danger is financial leverage, which can turn success into disaster. The article also quotes another famous Buffett warning: it takes 20 years to build a reputation and five minutes to ruin it. The story highlights that wealth can be accumulated over a lifetime, but the trust it rests on can be lost in an instant.