Being Quote by Meredith Whitney
“You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.”
About This Quote
Profitable utility businesses arise from cheap borrowing and prudent lending, yet current practices diverge from this model.
In simple terms: Smart borrowing and lending create profit, but it's not happening.
Key Takeaway
Seek sound financial strategies.
Themes
finance
business
ethics
Mood
analytical
critical
Type
financial
business
When to use this quote
- banking
- investment decisions
- policy making
- corporate strategy
Key Concepts
economics
risk management
market behavior
Questions to Reflect On
- Why do firms ignore sound lending?
- What reforms could align practice with theory?
A Different Perspective
Market pressures and regulatory constraints often impede ideal practices.
