Share this sentence
— Charlie Munger"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."
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...