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i cant emphasise strongly enough the extent to which I disagree strongly enough with this statement. There is a price for everything, both on the buy and sell side. The greatest inhibitor to long term wealth creation is the statement: never sell regardless of the circumstances.

This has got nothing to do with 'thinking big' or 'thinking outside of your comfort zone'. Its very simple, if the return exceeds cost of debt you come out in front. If not you get BEHIND. There are periods when taking on additional debt 'makes sense', and there are times when its bloody...

i would add one more: dont take on excessive debt through out the cycle. By all means take on debt when the numbers stack up, but dont keep raising the bar as the cycle progresses.