"The banking business is no favorite of ours.……" — Warren Buffett

The banking business is no favorite of ours. When assets are twenty… - Warren Buffett
"The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks."

Warren Buffett

462 Quotes by Warren Buffett

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