A Quote by Meredith Whitney

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

Meredith Whitney

Quote Topics

Being Being Done Borrowing Business Done Great Great Money Lending Make Money Type Utility

Quote Author

Meredith Whitney
American - Businesswoman
Born: November 20, 1969

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.

Michael Hudson

I, who ne'erWent for myself a begging, go a borrowing,And that for others. Borrowing's much the sameAs begging; just as lending upon usuryIs much the same as thieving.

Gotthold Ephraim Lessing

Clay is molded to form a cup, But it is on its non-being that the utility of the cup depends. Doors and windows are cut out to make a room, But it is on its non-being that the utility of the room depends. Therefore turn being into advantage, and turn non-being into utility.

Laozi

The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.

Stanley Druckenmiller

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

Warren Buffett

The best way to make money is not to have money as your primary goal. I've seen great people come into the business world primarily motivated to make money. Almost without exception they failed.

Ross Perot

We have invested in many of our customers in the health care business by lending or leasing money for equipment purchases or investing in some customers to help them grow business.

John L. Flannery

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

John Buchanan Robinson

Doing good business - being ethical, being transparent, being caring, implementing values in your business - makes a difference, and you make money at the same time.

Shari Arison

It's kinda crazy to say, but the way Jay [Duplass] and I stay afloat, because we don't make particularly commercial fare that makes a lot of money, is that we make things cheaply and we make things small. We would kind of be afraid to go make a $100 million movie because you have to do certain things to it to have it make its money back.

Mark Duplass

On the little money I had collected I lived in Berlin very cheaply, ate very cheaply. And already in 1920 I saved the first salaries I received to go to Munich.

Josef Albers

I make no claim to being a business genius. You can make so much money in this business that it loses its value.

Nat King Cole

I don't have any interest in being a chef without being on the business side of things, or vice versa, because if you don't make money at the end of the month, you're going out of business.

Tom Douglas

What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.

Vikram Pandit

We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.

Warren Buffett

If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

Stanley Druckenmiller