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Banks Quote by John Gutfreund

“Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.” quote by 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

About This Quote

Commercial banks excel at deposit taking and lending but lack the risk appetite and agility of true investors or entrepreneurs.

In simple terms: Banks are good at money storage and loans, not venture investing.

Key Takeaway

Match financial services to their strengths.

Themes

finance business investment

Mood

pragmatic critical

Type

financial business

When to use this quote

  • business planning
  • financial advisory
  • capital allocation

Key Concepts

Banking model risk management entrepreneurship

Questions to Reflect On

  • How can banks improve entrepreneurial support?
  • What are the risks of banks expanding into venture?
A Different Perspective

Banks may still innovate in investment services.

4.8 out of 5 (10 ratings)

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