Warren Buffett: Trump Terrific at Borrowing

Warren Buffett Money Quote saying Donald Trump is more interested in ostentatious display than equity and fairness in real estate and got overextended. Warren Buffett said:
 
 

 

“Where did Donald Trump go wrong? The big problem with Donald Trump was he never went right. He basically overpaid for properties, but he got people to lend him the money. He was terrific at borrowing money. If you look at his assets, and what he paid for them, and what he borrowed to get them, there was never any real equity there” — Warren Buffett

 
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Malvina Reynolds: Lend Your Magic Penny

Malvina Reynolds in Magic Penny Money Quote from music saying making use of money increases it beyond original value and makes it grow. Malvina Reynolds in Magic Penny said:
 

 

“It’s just like a magic penny, Hold it tight and you won’t have any. Lend it, spend it, and you’ll have so many They’ll roll all over the floor” — Malvina Reynolds

 
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#LuckyPennyDay #NationalLuckyPennyDay May 23
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Muhammad Yunus on Lending to Poor

Muhammad Yunus Money Quotation saying Bangladeshi microcredit entrepreneur lends money to the poor because traditional credit fails. Muhammad Yunus said:

I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over — Muhammad Yunus

Mark Twain: Lend to End Friendship

Mark Twain Money Quotation saying Friendship can bear hardships of all types and endure to help support someone we care about when in need – until that hardship involves a request for money Mark Twain said:
 

 

“The holy passion of friendship is so sweet and steady and loyal and enduring in nature that it will last through a whole lifetime,
if not asked to lend money” — Mark Twain

 
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Benjamin Franklin: Lending Visitor

Benjamin Franklin Money Quotation saying we don’t think of paying someone to go away, but make them promise to repay it and they’ll stay away for good. Benjamin Franklin said:

If you’d lose a troublesome visitor, lend him money

— Benjamin Franklin

Bob Hope: Bank Loans if Needing Money

Funny Money Quotes: The first place borrowers think of (a bank) to get a loan is usually the hardest place to convince you need it – unless you are already flush. Bob Hope said:

A bank is a place that will lend you money if you can prove that you don’t need it
— Bob Hope

Ambrose Bierce: Money & Love

Funny Money Quotes: Are you willing to ask the most personal of favors – borrowing – from good friends and family or would your prefer a cranky banker? Ambrose Bierce said:

Acquaintance, n.: A person whom we know well enough to borrow from, but not well enough to lend to

— Ambrose Bierce

Irving Fisher: Loan Transactions

Irving Fisher Money Quotation tells us that the money in circulation is controlled by banks that don’t actually have possession of that money.

Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess

— Irving Fisher