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Quote by Howard Davies
Most people...find a disorientating mismatch between the long-term

Most people…find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets. – Howard Davies

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Other Quotes from
Banks / Banking
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Banking establishments are more dangerous than standing armies. – Thomas Jefferson

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Banks / Banking

With a group of bankers I always had the feeling that success was measured by the extent one gave nothing away. – Lord Longford

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There is two things that can disrupt business in this country. One is War, and the other is a meeting of the Federal Reserve Bank. – Will Rogers

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There is too much sour grapes for my taste in the present American attitude. The time to denounce the bankers was when we were all feeding off their gold plate; not now! At present they have not only my sympathy but my preference. They are the last representatives of our native industries. – Edith Wharton

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Banks / Banking

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