Come Quote by Marc Faber
“My worst investment decision so far is to lend money to friends. So far, it has all come to zero.”
About This Quote
Source Book: The Great Depression Ahead, 2009
Lending to friends often blurs personal and financial boundaries, risking loss.
In simple terms: Friends may not repay loans.
Separate friendship from finance.
Themes
Mood
Type
When to use this quote
- personal loans
- business partnerships
- banking
- budgeting
Key Concepts
Questions to Reflect On
- How do you evaluate lending to friends?
- What safeguards can protect both parties?
Some friendships survive financial strain.