> Charlie Munger, the Berkshire Hathaway vice-chairman and Buffett’s right-hand man, echoed his concerns, telling the meeting: “I don’t think having a bunch of bankers, all of whom are trying to get rich, leads to good things. I think bankers should be more like an engineer, avoiding trouble rather than trying to get rich … It’s a contradiction in values.”
It's a good comparison. Engineers can be personally liable if they are negligent in their jobs. Why not bankers?
It's a good comparison. Engineers can be personally liable if they are negligent in their jobs. Why not bankers?