Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

Charlie Munger


Author Profession: Businessman
Nationality: American
Born: January 1, 1924


Find on Amazon: Charlie Munger
Cite this Page: Citation