A Quote by Warren Buffett

Banking is very good business if you don't do anything dumb. — © Warren Buffett
Banking is very good business if you don't do anything dumb.
Innovation has stalled in the banking industry. While the rest of the world is in the digital age, banking remains stagnant. We are here to change this and bring banking to the 21st century. We will ensure our customers feel involved in the progress of this bank and are offering them a truly enjoyable banking experience – different from anything they have experienced before.
I'm not against banking. Banking allowed our modern society to happen, it is essential. It connects the work through finance, so banking is good.
Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe.
I'd go for parts that didn't pay a dime, and there would be 300 to 400 actors there. It could be very discouraging. To make it in this business, you have to have a kind of dumb sense that you're really good. You have to believe that someone is going to recognize that.
Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.
Music is what is going to save me," "On the bad days, when I have to look at the cold, hard facts of life, I see that this is not the music business I came up in and I have to be very, very objective and detached and say, 'what's good about it and what's bad about it?' Mostly, I'm finding it good that it's not the same old music business, because the music business I came up in really didn't advance anything I was doing, and I don't think it was particularly kind to a lot of artists.
Moving from corporate banking to retail banking to international banking to supervisory roles has meant completely reinventing myself.
It's a very weird cultural perception that if you're fat you're dumb, that you're lazy or a loser. Clearly, those are the preconditions for fatness. You're a failure, because only a lazy person, only a dumb person, would allow themselves to get into this situation. It's appalling that this is the mindset. People generally treat fat people like we don't know anything about anything. It's incredibly demeaning. And incredibly frustrating.
It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.
Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
I did film and television, not having worked in banking or consulting, a very different stream. So I said, 'I'll go to business school, and it will help me decide more on what I want to do.'
We are breaking new ground in the territory of dumb with Shooting Fish. Dumb, but in good taste. Silly, but not ridiculous.
We dont have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system.
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