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“My worst investment decision so far is to lend money to friends. So far, it has all come to zero.” quote by Marc Faber
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“My worst investment decision so far is to lend money to friends. So far, it has all come to zero.”

Marc Faber

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.

Key Takeaway

Separate friendship from finance.

Themes

finance friendship risk management

Mood

cautious practical

Type

advice warning

When to use this quote

  • personal loans
  • business partnerships
  • banking
  • budgeting

Key Concepts

trust liquidity investment strategy

Questions to Reflect On

  • How do you evaluate lending to friends?
  • What safeguards can protect both parties?
A Different Perspective

Some friendships survive financial strain.

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