Login | Register Share:
  Guess quote | Authors | Isles | Contacts

Charlie Munger quoteCharlie Munger [1924-0] American Businessman
Quote rank: 103



A banker who is allowed to borrow money at X and loan it out at X plus Y will just go crazy and do too much of it if the civilization doesn't have rules that prevent it.

Money
Source

The script ran 0 seconds.