daquotes.comDaquotes
HomeAuthorsCollections

Share this sentence

"The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. 'Can you sell it?' is the moral test, and that's not an adequate test."

— Charlie Munger
charlie munger Quotes Tests,Culture,Bankers

Related information

C
Charlie Munger
Tests
Culture
Bankers
Moral
Banking
Adequate
Clients
Retailing
Investment Banking

Discover more quotes

Previous Quote

It is a grave matter to enter a war, without adequate military preparation; it may prove fatal to come into peace, without moral and religious preparation.

— Louis Finkelstein

Next Quote

When winter fails to provide an adequate snow base, my boys bring their sleds in the house and ride them down the stairs. Just the other day, my wife found them with a rope out their second-story bedroom window, preparing to rappel down the side of the house. The recipe for fun is pretty simple raising boys: Add to any activity an element of danger, stir in a little exploration, add a dash of destruction, and you've got yourself a winner.

— John Eldredge

Loading recommended content...

Quotes

An elegant quotation collection platform dedicated to sharing wise quotations from all over the world. Here, you can find inspirational quotes from different times and cultural backgrounds, and let the light of wisdom illuminate your life path.

Discover

  • Home
  • Authors
  • Collections

Hot Topics

  • Life Quotes
  • Inspirational Quotes
  • Love Quotes
  • Wisdom Quotes
© 2025 Quotes. All Rights Reserved.
Made withby DAQuotes Team