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Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
John Gutfreund
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"Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs."
— John Gutfreund #moneywealth

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Commercial banks are very good for certain businesses, like loans and guarding other people's…

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Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs. — John Gutfreund

About John Gutfreund

John Gutfreund was a Businessman from United States (1929–2016).

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Frequently Asked Questions

Who said "Commercial banks are very good for certain businesses, like loans and guarding…"?
This quote is attributed to John Gutfreund, a Businessman from United States.
When did John Gutfreund live?
John Gutfreund lived from 1929 – 2016.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.