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In this episode of Insights Over Coffee, host Sahhar Saleh and guest Peter Mezzomo, a portfolio manager at Lake Geneva Investment Partners, delve into the complex world of leverage in finance. They explore its dual nature as both a tool for wealth creation and a potential source of catastrophic loss. The conversation covers historical examples, the psychology behind leveraging, and the importance of understanding both personal and collective leverage in the market. The episode concludes with a discussion on the implications of hidden leverage in the financial system and its potential risks.