A certain amount of loan losses are good for the country and for banks. If you're not taking enough risk to have losses -- I'm talking about risk within the framework of reality -- then you're not taking enough risk.
Hugh McColl Carolinian
Source
Interview with John Maxfield, The Motley Fool, August 5, 2017
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- A Conversation With Hugh McColl
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- 2017
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“A certain amount of loan losses are good for the country and…” Hugh McColl. Carolina Quotes, record CQ-9B1C954CEF. https://carolinaquotes.com/quote/9b1c954cef
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The business community always has a responsibility of trying to make this a better place to live and work
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